Rad AI raises $50M in funding round

AI software developer Rad AI has raised $50 million in Series B financing.

The funds will be used to further develop and commercialize its product suite, according to the company.

The round was led by Khosla Ventures, with participation from the World Innovation Lab and existing investors Artis Ventures, OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund), among others, bringing total capital raised to over $80 million.

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