Natural language processing firm Primer announced the close of a $110 million Series C round led by Lee Fixel’s Addition.
New strategic investors include Steadfast, Sands Capital and Hank Crumpton, former ambassador-at-large and U.S. coordinator for counterterrorism. Existing investors Lux Capital, DCVC, Amplify Partners and more also participated.
Primer also announced an integration with Microsoft Corp. to make Primer natively available within Microsoft Azure, as well as a partnership with Palantir Technologies to make Primer available within the Palantir platform to deploy operational artificial intelligence to U.S. government missions.
“Primer’s impressive growth is underpinned by the strength of its NLP technology,” Fixel said. “We look forward to supporting the company as it continues to drive innovation across both the public and private sector.”
Primer CEO and Founder Sean Gourley said NLP is undergoing a revolution as AI continues to push the boundaries of machine performance in reading and writing tasks.
“We are now able to build machines that can achieve human level performance in many tasks from information extraction, to document classification to summarization,” he added. “Series C capital will allow us to build larger and better performing language models and make those available across industries, from defense and intelligence to finance and health care.”