Stock software development company QI Software has raised $15 million in Series A funding led by a consortium of venture capitalists.
The company aims to build a billion dollar business in the next five years.
The company will build the technology for applications like search engine optimization, which allows companies to more efficiently target users.QI Software is a company that builds software for search engines and other businesses, but it has also focused on other aspects of software development.
It has built an AI platform, which enables businesses to learn more about their customers and competitors.QIs software has a variety of applications, including social, health and fitness tracking.
QIs founder and CEO Adam R. Schulman said in a press release that his company will use the funding to build its product on “a world-class engineering team and an aggressive roadmap of technology innovations.”
The company will also build a new AI platform that will enable businesses to “use AI in ways not previously possible.”
In the past year, QI has been acquired by Microsoft and by Microsoft Ventures.
Its products include a social network called Qis, which has attracted more than 3.5 million users.
A similar social network, Qi Health, has attracted 2.7 million users and has a valuation of $10 billion.
Qi has also raised $3 million in seed capital from a group led by Google Ventures, led by Mark Zuckerberg.
The group plans to use the funds to help QI become a leader in the social networking space.
Schulman says that he is proud to be a part of the QI family.
He says that the team has been working hard to get this far, and that the company’s products are used by billions of people.”QI has built a strong team, and we are excited to see where the next decade will take us.
I am excited to join this exciting new chapter in the company, and I look forward to building a company with a future in software development and AI,” Schulmen said.
The funding comes as QI is working to expand its presence in the emerging technology space.
The startup is planning to expand into a new service, which will allow people to find products for their own use.