Dessa, a Toronto-based startup that builds machine learning applications, has been acquired by Square.

Square stated that, through the deal, Dessa’s team of engineers will bolster its machine learning and artificial intelligence capabilities.

In a blog post regarding the acquisition, Dessa co-founder and co-CEO Stephen Piron wrote that by “joining forces” with Square, the two organizations will build machine learning applications for financial services.

We made the most of riding on this wave.”RELATED: Dessa engineers build machine learning supernova identification systemAccording to Crunchbase, Dessa has raised $9 million to date, which came in the form of a Series A round in September 2017.

“Joining Square allows us to continue to evolve what’s possible with applied machine learning, and double down on our commitment to doing so,” the CEO explained. | To read full story, visit https://startuparound.com/read/1581103806.2782316/Toronto-machine-learning-startup-Dessa-acquired-by-Square?ref=audio_experience