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  • Thursday, November 21, 2024

Sigma Defense Participates in Diveplane Funding Round; Matt Jones Quoted

Sigma Defense Systems has participated in a $25 million investment round for Raleigh, North Carolina-based Diveplane to help that startup further develop trainable artificial intelligence platforms.

The series A funding activity also saw participation from Shield Capital, Calibrate Ventures and L3Harris Technologies (NYSE: LHX), Sigma Defense said Monday.

Michael Capps and Chris Hazard formed Diveplane in 2018 to offer AI tools designed to help government and enterprise customers detect anomalies in data, manage privacy and make decisions.

The company’s technology supports multiple use cases such as prediction, anonymization and synthetic data creation, through a single platform.

“Diveplane’s unique position in the AI market aligns perfectly to our vision of autonomously connecting people, systems and data and discovering new insights from that data faster and more effectively,” said Matt Jones, CEO of Sigma Defense

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