Fenwick & West represented Kyndi in the transaction.
Founded in 2014, Kyndi is an artificial intelligence company building the first explainable AI platform for government, financial services and life sciences.
The round was led by Intel Capital, with participation from UL Ventures, PivotNorth Capital and existing investors.
The new funding will be used to expand the company’s engineering and sales teams to meet growing customer demand in government, financial services and life sciences.
The Fenwick transaction team was led by corporate partner Mark Leahy (Picture) and associates Lisa Richards and Will Black.???
Law Firms: Fenwick & West LLP;