Data Science Startup Run:AI Raises $10 Million

Tel Aviv-based data science startup Run:AI has raised $10 million in a series A round led by Israel-based S Capital LP, Run:AI announced Wednesday.

Founded last year, Run:AI develops software for automatically optimizing the use of computer resources for deep learning processes. “Extensive use of artificial intelligence makes available computing resources inadequate,” Run:AI co-founder and CEO Omri Geller said in a phone interview with Calcalist Wednesday. Run:AI’s software builds a virtual computation layer, turning separate available computing resources into a single virtual computer, according to the company’s statement.

Tel Aviv-based venture capital firm TLV Partners led Run:AI’s $3 million seed round, announced in September.