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As the wave of AI capital investment continues to surge, government contractors — including those who service military agencies — are not being left out.
Case in point: Primer, an eight-year-old commercial and government-focused startup that lists among its customers the U.S. Air Force, Army, and U.S. Special Operations Command (USSOCOM, the agency in charge of overseeing all the special forces across various military branches), and Fortune 500 companies, today announced a new Series D funding round totaling $69 million.
The round was led by New York City-based venture capital firm Addition with participation from the U.S. Innovative Technology Fund (“USIT”), a Pittsburgh-headquartered investment firm headed by longtime tech investor and former Legendary Pictures founder Thomas Tull.
New leadership with military ties
Primer just announced a new CEO, Sean Moriarty, who has strong military connections and is an ambassador to the Special Operations Warrior Foundation. Moriarty is a 25-year-veteran of B2B and B2C technology companies including Leaf Group, Ticketmaster and Metacloud, and most recently the lead independent director at Eventbrite.
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Transform 2023
Join us in San Francisco on July 11-12, where top executives will share how they have integrated and optimized AI investments for success and avoided common pitfalls.
