Mequon’s Idavatars Acquires CodeBaby

Mequon-based startup Intelligent Digital Avatars Inc. acquired CodeBaby Corp., a Colorado virtual assistant developer, in a stock transaction, and the companies have raised $2 million in operating capital. CodeBaby’s investors raised $700,000, while iDAvatars was working to raise a $1.3 million fund to help finance the deal.. iDAvatars develops the avatars for use in the health care space. The avatars, which are built on IBM’s Watson framework, use advanced technology such as natural language processing and can demonstrate human behaviors such as empathy. The company’s intelligent digital interface, which patients can interact with online . . .