
Boeing’s recently established venture arm, HorizonX, has joined with other investors in a $32.5 million funding round for SparkCognition, a Texas-based company focusing on artificial intelligence and machine learning in the fields of information technology security and industrial operations.
The Series B round is being led by Verizon Ventures. Boeing said it was among a group of strategic investors in SparkCognition, which counts aerospace and defense among its target markets.