Maluuba

Waterloo, Canada Founded: 2012 • Age: 14 yrs Acquired By Microsoft
Deep learning is applied to advance machine reading comprehension.

About Maluuba

Maluuba is a Technology company based in Waterloo (Canada) founded in 2012, and was acquired by Microsoft in January 2017. Deep learning is applied to advance machine reading comprehension. Maluuba has raised $8.2 million across 3 funding rounds from investors including Microsoft, Credit Mutuel Equity and Nautilus Venture Partners. Its focus areas include High Tech, Natural Language Processing, NLP Platforms and Conversational AI.

Company details

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.

Key Metrics
  • Total Equity Funding
    $8.2M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.2M (USD), Series A

    Jan 2016

  • Investors
    Microsoft

    & 4 more

  • Acquired by
    Microsoft

    (Jan 2017)

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.

  • Total Funding $8.2M
  • Total Rounds 3
  • Last Round Series A β€” $6.2M
  • First Round $2M

    (Jun 2012)

  • Investors Count 4

All 3 funding rounds of Maluuba with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016$6.2MSeries A––
Oct 2012$980,000Grant––
Jun 2012$2MSeries A––
Valuation history

5 investors in total: 5 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity and VC investments are directed toward multiple sectors.
creditmutuelequity.comParis, France
Early-stage US tech companies are funded by Nautilus Venture Partners.
nautilusvp.comPalo Alto, United States
Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
samsungventures.comSeoul, South Korea
It serves as a government backed investment fund focused on the economic growth of southern ontorio.
2009feddevontario.gc.caWaterloo, Canada
Microsoft is recognized for software, hardware, and gaming solutions.
1975microsoft.comRedmond, United States
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Investor details for Maluuba

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Timeline of Maluuba

4 dated milestones of Maluuba across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Maluuba is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series A, of $6.2M.
  4. Exit Acquired by Microsoft.

Web traffic of Maluuba

Websites that share an audience with Maluuba (maluuba.com).

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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. The company's 1st funding round was a Series A of $2M, raised on Jun 2012.

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 has 5 investors. Key investors include Microsoft, Credit Mutuel Equity, Nautilus Venture Partners, FedDev Ontario, and Samsung Ventures.

Yes. Maluuba was acquired by Microsoft in January 2017.

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