After Reliance, Microsoft funds AI startup Netradyne
US-based AI startup Netradyne has raised $21 million in funding led by Microsoft's venture arm M12 along with participation from Point72 Ventures. Earlier, Reliance Industries had invested $8 million in the startup for a 37.4% stake. Founded in 2015, Netradyne is a deep learning solutions and vision based analytics business with focus on areas including fleet management, security and surveillance.