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Point Predictive Picks Up Series B

San Diego-based machine learning software developer Point Predictive has raised a new, Series B growth financing round, the company announced this morning. Size of the new funding round was not announced. Point Predictive said the round was led by Napier Park Financial Partners, and also included prior investor Mosaik Partners. As part of the funding, the company has named Michael Housman as Chief Technology Officer and promoted Eric Werab to Chief Revenue Officer. Housman was most recently Chief Data Science Officer at RappportBoost.ai. Steve Piaker, a Partner at Napier Park Financial Partners, also joins the company's board witht he funding. Point Predictive is led by CEO Time Grace; the company's machine learning software is used for automotive lending risk management. More information »