Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- June 10, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- The gap between the promise and reality of Enterprise AI is enormous, and only continues to grow. Technologies such as AutoML and MLOps have democratized ML modeling. But the process of preparing data, deploying pipelines and managing it at scale is where Enterprise AI breaks down. AI data management is laborious and expensive and requires deep domain, data science and data engineering expertise.
At FeatureByte, we're on a mission to scale enterprise AI by radically simplifying and industrializing AI data. Our self-service feature platform simplifies and automates and entire ML feature lifecycle - from creation, experimentation, serving to management. It empowers data scientists to create and share state-of-the-art features and production-ready data pipelines in minutes — instead of weeks or months. And it does so while reducing compute by up to 10X and resources by 5X.
The founding team is ex DataRobot and comprises of two #1 ranked data scientists on Kaggle. The company is backed by Glasswing Ventures and Tola Capital, and co-founders of technology Unicorns such as Netezza, DataRobot and Collibra.
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