Snips raises 5.6 million euros to bring artificial intelligence to smartphones

by bold-lichterman

Snips develops a solution that analyzes the applications installed on a smartphone in order to make predictions on user needs. “We have created a technology that, depending on the context, can predict not only which app needs to be used, but what content, in those apps, the user is looking to access. Good links go back up so you don’t need to search», Explains to Frenchweb Rand Hindi, the founder. The goal: to find the right content more quickly to free up user time.

Several applications such as Sunrise, acquired by Microsoft, or Tempo, acquired by Salesforce, already offer to analyze applications to issue recommendations to users. But while these apps are mainly geared towards organizing schedules, Snips hopes to go further.

While the app is not yet out, Snips has just raised 5.6 million euros ($ 6.3 million) from American investors – The Hive, Eniac Ventures, 500 startups, Brent Hoberman -, of Xavier Niel and Bpifrance. At the end of the transaction, Yann Lechelle, the co-founder of Appsfire, joins Snips as director of operations, and Renaud Visage, the co-founder of Eventbrite, becomes a member of the board of directors. More details with Rand Hindi, co-founder of Snips.

Founders: Rand Hindi, Maël Primet, Michael Fester

Creation: January 2013

The head office : Paris

Market : artificial intelligence application

Funding: $ 6.3 million (June 2015)