Artificial Intelligence Startup Closes $2 Million

San Jose-based startup 3TEN8 secured $2 million in seed financing, led by Social Capital. 500 Startups, Citrix Systems Ventures, and Alchemist Accelerator participated in the funding.

The 3TEN8 AI platform is designed to predict network outages with 90% accuracy, and diagnose network degradations using proprietary AI models and algorithms. According to the company, 3TEN8 is working with wireless network carriers ranging from Tier 1 operators to mid-size regional carriers.