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    Noogata Raises $16M in Series A Funding

    The Series A funding for $16M was raised by Noogata, an Israeli-based company that provides no-code artificial intelligence solutions (AI) in New York and Tel Aviv.

    The round, which brings total funding to $28m, with the seed investment made by Team8 and Inference Partners, was led by Eight Roads, with participation from Allon Ventures.

    The new capital will be used to support Noogata’s expansion goals in the United States and research and development (R&D) operations in Israel. The company will continue to grow its sales, marketing and product development departments over the next year to take its platform to the next stage. These include integrating with a growing number of datasets from Google, Amazon, and direct to consumer. Noogata also plans to expand the range of solutions (AI Blocks) it offers. The company plans to establish partnerships with large data warehouses like Snowflake.

    Noogata, led by CEO Assaf Elgozi, provides an easy-to-use platform for no-code AI (AI) to business users. It enables them to transform their data quickly and easily into actionable insights that can be used to generate growth opportunities and profit. A variety of blue-chip businesses are currently using it to scale their AI efforts and drive sales.

    Platform is used by many brands, including Colgate Palmolive (PepsiCo), mDesign, and Bugatti.

    With currently over 40 employees in Tel Aviv and New York City, Noogata will be hiring for a variety of roles this year, including leadership roles in engineering, finance, sales, and customer success – aiming to have over 100 employees by the end of 2022.

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