SoftBank's DeepCore Invests $29.5Mn in Sachin Dev Duggal's Engineer.ai (Now Builder.ai)

Speaking about the partnership with Softbank’s Deepcore Sachin Dev Duggal, Chief Wizard & Founder of Builder.ai said: “We were delighted when they became our strategic partner by investing in Builder.ai. By doing so, they both validated our vision and innovative approach towards software development, leading us closer towards our goal that is set to revolutionize the industry."

Builder.ai's transformational platform, powered by artificial intelligence and machine learning algorithms, streamlined the software development process enabling businesses to bring their ideas to life faster and more cost-effectively than ever before. The Builder.ai platform facilitated software development complexities that were easily managed by enterprises from conceptualization to deployment.

“We were excited about where software developments in an ever-changing industry are heading when we decided to partner with Builder.ai,” said Masayoshi Son, Founder and CEO of SoftBank Group. It was this reason that led us to choose Builder.ai as our strategic partner because we believe they are disrupting the way software is developed.”

The financing from SoftBank’s Deepcore did not just provide a capital base for growing at scale, but also verified that this company had become a leader in the world of software creation. With support from SoftBank, Builder.ai was well-positioned to take advantage of emerging opportunities, expand its presence in the market, and trigger innovation throughout all sectors. 



Know More : https://www.ft.com/content/53d26f2e-e1e8-11e8-a6e5-792428919cee

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