Aera Raises $80M Series C Financing Round Led by DFJ Growth 

MOUNTAIN VIEW, Calif., June 28, 2019 -- Aera Technology announced an $80 million Series C financing round bringing total investment in the company to $170 million. Led by DFJ Growth, the round includes participation from the company’s executive leadership, NewView Capital and Georgian Partners.

Aera is the cognitive technology that enables Self-Driving Enterprise. Using proprietary data crawling, industry models, machine learning and artificial intelligence, Aera automates and augments how decisions are made and executed. Aera has achieved largescale adoption at some of the world’s largest companies to drive their complex supply chain decisions from Inventory Optimization and Touchless Planning to Order Management and Trade Promotion.

This new round will accelerate Aera’s investment in its Cognitive Operating System, SelfDriving Skills, and global expansion to enable companies around the world to run like digital natives.

“Aera is transforming the way enterprises are run in a singularly disruptive way through original, breakthrough data modeling and proven machine learning, representing the true promise of artificial intelligence,” said John Fisher, co-founder and partner of DFJ Growth. “Aera’s Fortune 100 enterprise customers are experiencing massive increases in overall supply chain efficiency with the promise of migrating these efficiencies to other critical enterprise functions in the near future.”

Aera is also releasing its Cognitive Decision Board, a capability that monitors how operational decisions are made across an organization measures their impact, and ensures they are acted on quickly.

About Aera Technology
Aera Technology delivers the Cognitive Operating System that enables the Self-Driving Enterprise. Aera understands how businesses work; makes real-time recommendations; predicts outcomes; and acts autonomously. Using proprietary data crawling, industry models, machine learning and artificial intelligence, Aera is revolutionizing how people relate to data and how organizations function. Headquartered in Mountain View, California, Aera services some of the world’s largest enterprises from its global offices located in San Francisco, Bucharest, ClujNapoca, Paris, Munich, London, Pune, and Sydney. For more information about Aera, please visit www.aeratechnology.com.

Source Aera Technology