Veritone, which is developing an AI platform that analyzes unstructured media data, raised $38 million by offering 2.5 million shares at $15, the midpoint of the $14 to $16 range. Veritone originally filed to offer 1.25 million shares before doubling the offering on Tuesday, May 9. Veritone plans to list on the Nasdaq under the symbol VERI. Wunderlich Securities acted as a lead manager on the deal.
