AI start-up Node opens Novi Sad office

Node, the first turnkey AI-as-a-service platform focused on powering predictable business outcomes, has opened a new office in Novi Sad, Serbia. The Silicon Valley-based company will be hiring top talent as part of its European expansion.

Node has raised 36 million US dollars in funding from American entrepreneur Mark Cuban, Avalon Ventures, NEA, NewView Capital, GingerBread Capital, Canaan Partners, JetBlue Technology Ventures, Will Smith’s Dreamers VC, MS&AD, Wharton Alumni Fund, Plum Alley, Major Lazer and former Google and Microsoft executive James Whittaker.

Node’s deep-learning platform powered by artificial intuition leverages people and company data to help businesses predict and identify which prospects are likely to become customers, which customers – even happy ones – are likely to churn, and which key talent is likely to leave, even before they know they’re disengaged.

Node was founded by Falon Fatemi in 2014. Prior to Node, Fatemi spent over a decade focused on go-to-market strategy, global expansion, and strategic partnerships at Google, YouTube, and the startup world. Fatemi now leads a team of renowned technological innovators including Louis Monier, who created Alta Vista, and Michael Radovancevich, former CTO of Taleo, which was acquired by Oracle for 1.9 billion US dollars

“This continues to be a transformational year for Node and we are thrilled to continue the momentum by opening this new office in Novi Sad,” said Fatemi. “We’re honoured to invest in the talented technical AI community in Serbia and look forward to growing our business within this vibrant region.”

“The opportunity to do cutting-edge AI development for a Silicon Valley start-up in Serbia has attracted top talent,” said Radovancevich. “Node technology makes a huge difference to those who adopt it and we have only just started. We have a first-class team here in Novi Sad and look forward to continued investment across all product development disciplines as we build out our AI platform and products.”