|Sunday, October 18, 2015|
|IMperson raises $2M on Round A Financing|
|Savyon, Israel – October 18, 2015 - IMperson Ltd (http://www.imperson.com), a subsidiary of Artificial Intelligence Research Ltd. (http://www.a-i.com) announced today it has signed a term sheet to issue Series A Preferred shares for the amount of $2M.|
The round will include existing shareholders (The Disney Company, Formula Vision Ltd. and Ai R&D), and new investors.
The round was closed 10 days after the company introduced its achievements at the closing event of the Disney Accelerator Program, "Demo Day". The Company revealed the first major project for the Disney Organization: A Facebook Bot for Miss Piggy, a Disney brand character.
IMperson Ltd. is a subsidiary of Ai Research and Development (Ai). It provides an Artificial Intelligence platform enabling fans to have conversations with their favorite movie and TV characters.
Artificial Intelligence Research (Ai) is a privately funded research project, focusing on implementing Artificial Intelligence in conversational systems: technology that enables machines to converse with humans in natural language. Ai's research facility is located in Savyon, Israel.