AUSTIN, Texas, July 17, 2018 /PRNewswire/ — CognitiveScale, the leader in augmented intelligence software and Responsible AI, today announced it has been named a Red Herring Top 100 North America Winner, a designation for the most exciting, innovative private technology companies on the continent.

With over 2,000 applicants in 2018, the annual competition honors the continent’s most exciting and innovative private technology companies. Entrants were judged by industry experts, Red Herring’s editorial staff, and journalists on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and addressable market.

Past winners include standout companies such as Alibaba, Google, Kakao, Skype, Spotify, Twitter, and YouTube.

“2018’s crop of Top 100 winners has been among our most intriguing yet,” said Red Herring chairman Alex Vieux. “CognitiveScale impressed us with their focus on accelerating and operationalizing AI for enterprises, their ability to drive transformative businesses outcomes, and their commitment to ethical and responsible AI. The team is diligently reinventing the future and executing handsomely. They absolutely deserve recognition and for that purpose we selected CognitiveScale for Red Herring Top 100 Awards.”

“CognitiveScale is thrilled to be recognized by Red Herring as one of the Top 100 startups in North America,” said Akshay Sabhikhi, CEO of CognitiveScale.  “This recognition is a great validation of our mission to break down the barriers to enterprise AI adoption through our Cortex software that pairs humans and machines to transform customer engagement and boost operational productivity.”

About CognitiveScale

CognitiveScale Cortex 5 software helps businesses apply Artificial Intelligence and Blockchain technology to solve complex business problems at scale for financial services, healthcare, and digital commerce markets.

Our award-winning software is being used by global leaders such as USAA, Morgan Stanley, NBC, JPMC, ExxonMobil, Dell Technologies, and MD Anderson to increase user engagement, improve decision-making, and deploy self-learning and self-assuring business processes.

Headquartered in Austin, Texas, CognitiveScale has offices in New York, London, and Hyderabad, India, and is funded by Norwest Venture Partners, Intel Capital, IBM Watson, Microsoft Ventures, and USAA.

For more information on the company, please visit us at cognitivescale.com and follow @cognitivescale on Twitter, Facebook and LinkedIn.

Media Contact:
Greg Wise, Bhava Communications for CognitiveScale gwise@bhavacom.com, 512-213-9899

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SOURCE CognitiveScale