Softbank leads funding round in Brazilian data company Cortex

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Japan's Softbank Group Corp led a 120 million real (US$22 million) funding round in Brazilian data science company Cortex. Other investors in the ...

Japan's Softbank Group Corp led a 120 million real funding round in Brazilian data science company Cortex. Other investors in the round were Redpoint e Endeavor Catalyst, according to a statement released on Monday evening.

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File PhotoSAO PAULO: Japan's Softbank Group Corp led a 120 million real funding round in Brazilian data science company Cortex. Other investors in the round were Redpoint e Endeavor Catalyst, according to a statement released on Monday evening.

Cortex has among clients large companies such as Unilever PLC , Fiat Chrysler, L'Oreal, Roche, Carrefour, Visa and Claro.Marcelo Claure, head of Softbank International, said data science companies are fundamental to innovation in Latin America.

 

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