Clear Dynamics closes $35M funding round, invests in global growth
Clear Dynamics has announced that it has closed a round of B-series funding of A $ 35 million (US $ 25 million). Funding was co-led by Colinton Capital Partners and OIF Ventures and added new family office and private investor investments.
Funding is an important milestone and speaks to Clear Dynamics’ vision for AI-enabled “composable” enterprise software, the company says.
In the last 12 months, Clear Dynamics has quadrupled its customer base. Its AI-enabled business operating system, aieos, is being adopted by leading organizations in 10 industries, such as financial services, energy, government and healthcare.
Clear Dynamics says it is helping companies become “composable companies,” a new paradigm identified by global analyst firm Gartner as the core of the future of software development.
With aieos, Clear Dynamics customers can leverage AI and application building blocks to continually assemble and reassemble the capabilities they need when they need them.
Because aieos uses AI to automate the software development process, the results can be compiled up to twenty times faster than alternative platforms while reducing the total cost of ownership by up to 30%, according to the company. This allows customers to reduce their reliance on scarce technical resources and DevOps.
The core of the industry-led approach to Clear Dynamics is aieos, an AI-enabled business operating system that helps organizations modernize and digitally transform their existing technology and business models.
According to Clear Dynamics, customers are using aieos to:
- Cloud clone: This is a simple way to modernize legacy technology and application portfolios
- Consolidate different data sources to improve the speed and quality of decision making
- Streamline and automate your workflow and business processes
- Quickly create and deploy enterprise-level, industry-specific applications
According to the company, aeios is hyperadaptive. It contextualizes each client’s internal and external operating environments, monitors changes for recommendations, and automatically adapts to changing dynamics, such as changes in customer behavior or industry regulation.
Clear Dynamics founder and CEO Dan Beaty says: “Over the past two years, organizations and leadership teams across the industry have been forced to deal with the limitations of their technology and business models. existing.
“Many realize that their existing technology investments are tied to past strategies, unable to easily adapt to the current dynamic business landscape, characterized by increasingly frequent unplanned changes and demand for more agile decision-making. based on data “.
According to the company, the new funding will support Clear Dynamics to accelerate international expansion and continue to build the team to support businesses.
Clear Dynamics has already attracted global talent, including qualified leaders from a number of organizations such as Boston Consulting Group, Deloitte and LinkedIn.
Clear Dynamics is a software company founded in Australia with the mission to eliminate the limitations of business agility inherent in current business software models. aieos is an AI-enabled business operating system that leverages metadata, packaged business capabilities, building blocks, and generative AI to compose solutions that evolve intelligently with the changing needs of customers.