About Maluuba
Maluuba is a company based in Waterloo (Canada) founded in 2012 was acquired by Microsoft in January 2017. Maluuba has raised $8.2 million across 3 funding rounds from investors including Microsoft, Credit Mutuel Equity and Nautilus Venture Partners. Maluuba operates in a competitive market with competitors including OpenAI, Hugging Face, Infobip, Mobvoi and Hyro, among others.
- Headquarter Waterloo, Canada
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Funding Insights of Maluuba
Maluuba has successfully raised a total of $8.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.2 million completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Maluuba
Maluuba has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Credit Mutuel Equity and Nautilus Venture Partners.
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Early-stage US tech companies are funded by Nautilus Venture Partners.
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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Investor details for Maluuba
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Investments & Acquisitions by Maluuba
Investment portfolio details for Maluuba
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Financial Statements - Maluuba
Detailed financials for Maluuba
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Maluuba Comparisons
Peer comparison for Maluuba
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Competitors of Maluuba
Maluuba operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OpenAI, Hugging Face, Infobip, Mobvoi and Hyro, among others.
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OpenAI is engaged in developing advanced artificial intelligence technologies.
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A platform for the AI community to collaborate and build.
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Cloud-based messaging and communication solutions are provided for enterprises.
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Developer of AI-powered voice interaction and generative AI technologies
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An AI-based conversational platform is provided for healthcare task automation.
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Conversational AI platform for enterprises is provided by Avaamo.
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Detailed competitors of Maluuba
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Latest news on Maluuba
Complete news archive for Maluuba
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Frequently Asked Questions about Maluuba
Maluuba was founded in 2012.
Maluuba is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Maluuba is a funded company, having raised a total of $8.2M across 3 funding rounds to date.
Maluuba uses deep learning algorithms to develop and improve machine reading comprehension.The company provides the solution for Machine reading comprehension and conversational user interfaces. The company claims that its natural language technology has been deployed across more than 50 million devices in the smartphone, smart TV, and IoT industries in over 10 languages. Maluuba has built a program called EpiReader. Its designed to solve a specific kind of machine comprehension task: a word is removed from a block of text and EpiReader determines the missing word based on context.
Maluuba's top competitors include OpenAI, Hugging Face and Mobvoi.
Maluuba has 5 investors. Key investors include Microsoft, Credit Mutuel Equity, Nautilus Venture Partners, FedDev Ontario, and Samsung Ventures.