DeepLearni.ng announces $9 million Series A funding

DeepLearni.ng, a Toronto-based company that designs, builds and deploys applied AI systems, recently announced it has secured $9 million in Series A funding from Fidelity Investments Canada, part of Fidelity Investments.

DeepLearni.ng says the investment is a critical step in its multi-year plan to become the leader in transforming businesses with AI. The timing of the funding also coincides with the company’s plan to scale development of their machine learning platform Frontiers, DeepLearni.ng’s comprehensive machine learning platform built for rapid AI deployment in enterprises. A portion of the funding will also go towards expanding the company’s footprint internationally, in both financial services and other strategic industries.

Read more about the funding here.

LaBarge Weinstein acted as counsel for DeepLearni.ng with a team that included James Smith, Kyle Lavender and Jordan Potechin.