Osaro raises $16M

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Osaro, a San Francisco-based company providing machine learning software for industrial automation, has raised $16 million in Series B funding.  King River Capital (KRC), Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures, and GiTV Fund participated in the funding round.

Osaro has raised $29.3 million to date.

In another date, Osaro has appointed Kevin Pope as VP of Engineering.

[Image courtesy: Osaro]