Enterprise AI services startup Hang Ten Systems, founded by former Infosys chief executive Vishal Sikka, has raised $53 million in funding led by Xora Innovation, a fund backed by Singapore state investor Temasek, taking its total funding to $85 million, according to a company statement.
Existing investors Mayfield and Aramco Ventures also participated in the round, besides Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra and Yahoo cofounder Jerry Yang, who has joined Hang Ten’s board.