Zetta Venture Partners Announces its Third Investment Fund


(San Francisco, CA) In the year 2013, the first zettabyte of data, traveled the breadth of the internet.  Fascinatingly, and during this same year, Zetta Venture Partners was founded.  The idea was a next generation venture capital firm that, would be strictly focused on artificial intelligence.  The same way, the first zettabyte of data would ultimately, empower the next generation of computer software technology businesses.  Every once and a while, artificial intelligence (A.I.) is referred to as, machine intelligence.  The concept of A.I. is in contrast to natural intelligence that; is seen and displayed by humans, and, animals.  Therefore, artificial intelligence is intelligence that, is seen and displayed by machines.  Recently, Zetta Venture Partners announced that, its first two investment funds were successful.  Specifically, the aforementioned business revealed that, it has opened its third investment fund.  Zetta Venture’s third investment fund, is centered on artificial intelligence.  The latter, is officially opened with an allocated amount of $180 million USD.   
            The $180 million dollar investment fund, Zetta Venture’s third, does contribute to Zetta Venture’s total assets that are under management.  The previous, has a reported value of $365 million USD.  However and returning to; artificial intelligence, the aforementioned concept is also informal, or, conversational.  As an informal or conversational term, A.I. refers to the ability to mimic cognitive functions.  These human functions, generally speaking, are associated with the human mind.  For example, the cognitive functions learning or problem solving.  From this point, a second concept can be extrapolated.  The second concept relates specifically, to computer software.  Artificial intelligence, as a computer software concept, is the study of computer algorithms.  These computer algorithms have the ability to improve, as a result of, the user’s experience.  As it relates to the 21st century, artificial intelligence (A.I.) techniques have experienced a swell of interest.  The latter is due to the fact that; computing power has increased, along with, the emergence of the capability of large amounts of data.  The combination of the former and the latter, has fueled a theoretical understanding of artificial intelligence.  As a result computer science, software engineering and operations research have all embraced artificial intelligence.
            Returning to; Zetta Venture’s third investment fund, the aforementioned is based on a belief.  The belief is that, the case for building artificial intelligence businesses, has never been more compelling.  As a result of this belief, Zetta Venture Partners strives to be a hard working business partner.  As a business partner, the aforementioned business knows exactly what it takes to build an A.I. centered business.  Additionally, through its $180 million dollar investment fund, this business wants to do the following.  First, it wants to invest in artificial intelligence centered businesses that, have a business to business (B2B) business model.  Second, the investment range is between $1 million USD, and, $3 million USD.  Pre-traction and post data startups with predictive client models, are the desired businesses. 
            Ross Schibler is the Founder and the Chief Executive Officer of Opsani.  Through a press statement, Mr. Schibler said the following.  “We decided to team with Zetta because of their unique expertise navigating the challenges of bringing AI to market.  The team at Zetta is insightful, motivated, well-connected and well-respected.  They look at things from the entrepreneur’s perspective.  Zetta is a superb partner in building a great technology company.”  Anthony Goldbloom is a Co-Founder and the Chief Executive Officer of Kaggle.  Through a press statement, Mr. Goldbloom said the following.  “As an AI-focused fund, Zetta understood our business and community at a deep level.  They helped us navigate big decisions ranging from building the business and raising capital through to our acquisition by Google.”
            To end, Zetta Venture Partners did release press statements.  Mark Gorenberg is the Founder and a Managing Director of Zetta Venture Partners.  Through a press statement, Mr. Gorenberg said the following.  “AI has largely been about augmenting and automating human labor.  But the next wave of AI is about creating and understanding complex systems such as the environment, human biology, cybersecurity and the global economy.”  Jocelyn Goldfein is a Managing Director of Zetta Venture Partners.  Through a press statement, Ms./Mrs. Goldfein said the following.  “So many people are feeling pessimistic about the future right now.  Those concerns should motivate us to work harder to invent new solutions and build resilience into our systems, whether that’s health care, disaster response, environmental protection or economic safety nets.  These problems look like opportunities to great entrepreneurs, and we are grateful to have the chance to provide the earliest support to the founders who are rising to the challenge with innovative ideas.”  Ash Fontana is a Managing Director of Zetta Venture Partners.  Through a press statement, Mr. Fontana said the following.  “We help companies solve the specific challenges of building an AI-first company, such as gathering data, building machine learning teams and marketing the value of predictive systems.”  As previously stated, Zetta Venture Partners recently announced that, its first two investment funds were successful.  Specifically, the aforementioned business revealed that, it has opened its third investment fund.  Zetta Venture’s third investment fund, is centered on artificial intelligence.  Lastly and the latter, is officially opened with an allocated amount of $180 million USD.   

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Written from Press Release
Registered Writer with
PR Newswire Association, LLC
R-Berumen28
04/17/2020


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