MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–H2O.ai, the open source leader in AI and machine learning, today announced that Raman Kapur is joining the company’s leadership team as Chief Financial Officer (CFO).
Kapur brings over 20 years of experience in the areas of corporate finance, investor relations, treasury, financial planning and analysis, mergers and acquisitions, and corporate governance. He will lead the company’s global finance function as well as work with the leadership team to enhance the overall business strategy.
“We are excited to have Raman join H2O.ai in our journey to democratize AI,” said Sri Ambati, Founder and CEO at H2O.ai. “He will be an incredible partner in driving operational excellence and deepen our investments into the innovation that fuels our growth in the fast-moving AI markets.”
H2O.ai is empowering companies across all industries to be AI companies by providing them the ability to gain greater insights, make more accurate predictions and use AI to create new and compelling products and services.
“Backing up business decisions with data and analysis has been a cornerstone of my career, and I’m thrilled to join H2O.ai, whose revolutionary platforms are helping companies use AI to drive business value,” said Kapur. “I’m honored to join such a high caliber team and look forward to adding my experience and contributing to the company’s continued growth and success.”
Kapur was previously CFO at AIOps company, Moogsoft. Prior to Moogsoft, he was VP of Finance at Splunk, where he was a key member of the finance team that helped prepare the company to go public and was instrumental in scaling its business from pre-IPO to $1.8 Billion.
H2O.ai continues to grow globally and is regarded as the AI company with the strongest completeness of vision by Gartner in the 2020 Gartner DSML MQ. H2O.ai offers the leading enterprise platforms for AI and machine learning, including open source H2O, AutoML platform H2O Driverless AI, and H2O Q, an AI platform to democratize AI apps for the business. H2O.ai has customers on every continent and in every industry ranging from pharma companies seeking alternative drug therapies and discoveries to cure diseases; epidemic spread and demand sensing for PPE and ICU transfers in healthcare to save lives; supply chain optimization and distribution; fraud detection, subprime credit scoring, anti-money laundering and KYC in banking; subscriber churn predictions and truck-roll problems in telecommunications to help retain customers; to personalized policies and pricing in insurance to delight consumers. H2O.ai raised $72.5M in Series D round led by Goldman Sachs and Ping An in August 2019 bringing the total funding to $147M.
H2O.ai is the open source leader in AI and automatic machine learning with a mission to democratize AI for everyone. H2O.ai is transforming the use of AI to empower every company to be an AI company in financial services, insurance, healthcare, telco, retail, pharmaceuticals, and marketing. H2O.ai is driving an open AI movement with H2O, which is used by more than 20,000 companies and hundreds of thousands of data scientists. H2O Driverless AI, an award winning and industry leading automatic machine learning platform for the enterprise, is helping data scientists across the world in every industry be more productive and get more accurate results. H2O Q makes it faster, cheaper, easier to build AI-first Applications. H2O.ai partners with leading data and cloud platforms like AWS, Google Cloud Platform IBM, NVIDIA, Intel, Microsoft Azure, Snowflake, Equifax, Experian and is proud of its growing global customer base which includes Capital One, Nationwide Insurance, PayPal, Kaiser Permanente, Telcel, Vision Banco, and Wells Fargo. H2O.ai is responding to COVID-19 challenges with its expertise and new AI Apps that help companies get results with AI. H2O.ai is committed to the use of AI for Good by making its software free for all academic use, wildlife conservation and towards bringing equity through AI in a borderless world. Learn more at www.H2O.ai
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