Vue.ai raises $17M to equip online retailers with AI smarts
Vue.ai, a U.S./India startup that develops an AI platform to help online retailers work more efficiently and sell more, has announced a $17 million Series B round. The investment is led by Falcon Edge Capital with participation from Japan's Global Brain and existing backer Sequoia Capital India. Parent company Mad Street Den was founded in 2014 and it raised $1.5 million a year later; Sequoia then bought into the business via an undisclosed deal in 2016.
