Kumo is a startup offering an AI-powered platform to tackle predictive problems in business.

The round was led by Sequoia.  The types of use cases that Kumo tackles include scenarios like customer acquisition, retention, forecasting, and fraud modeling and detection.  There is definitely a new generation of VC funding going into predictive analytics and forecasting tools at the moment.

TechCrunch: Kumo aims to bring predictive AI to the enterprise with $18M in fresh capital