BackboneAI, a startup providing a data automation platform for enterprises, today emerged from stealth with $4.7 million in seed funding. CEO Rob Bailey says the round will be used to scale the company’s product for data collection within and among organizations, which he believes could improve data science team productivity by leveraging AI to integrate data from a range of sources.
BackboneAI’s offering reconciles records in a number of industries, like bills of materials across construction vendors and companies. It ingests data from various sources, preprocesses and standardizes it, and then delivers it to systems. A combination of data synchronization, API connectivity, and third-party app and database support can identify and resolve anomalies while tracking the provenance of products from source to customer and managing global rights and shipments for companies with affiliates and distributors.Read Complete Article