Comet Raises $13M Series A To Become The Mlops Standard For Model Development &Amp; Monitoring
Amount Raised
$13 Million
Round Type
Series A
New YorkSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceDescription
Comet, a leading provider of MLOps solutions, today announced that it has raised $13M in Series A funding led by Scale Venture Partners and existing investors including Trilogy Equity Partners and Two Sigma Ventures. Driven by more than 500% revenue growth over the past year, the new funds will be used to accelerate and scale Comet’s product development, sales, marketing, and engineering functions. In addition to the funding, Comet announced the acquisition of Stakion, a model production monitoring company based in the U.K. The acquisition supports Comet’s newest product innovation, Comet Model Production Monitoring, which will enable organizations to track and monitor the quality of models after they have been deployed in production.
Quick answer
Comet raised $13 Million in a Series A round, dated April 8, 2021. Comet is based in New York, United States.
- How much did Comet raise?
- Comet raised $13 Million in a Series A round on April 8, 2021.
- What does Comet do?
- Comet’s platform empowers data scientists and machine learning (ML) engineers to accelerate ML development by managing and optimizing the entire ML lifecycle, from experiment tracking to model production monitoring.
- Where is Comet based and how big is it?
- Comet is based in New York, United States.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Science And Engineering around the same time
Companies in the same sectors as Comet that raised within 45 days of this round, from Fundz verified event records.
- Crosschq raised $13M on April 13, 2021.
- FourKites, Inc. raised $96M on April 5, 2021.
- Exscientia raised $100M (Series C) on March 4, 2021.
- KORE Group Holdings raised $31M on April 15, 2021.
- Immuta raised $90M (Series D) on May 20, 2021.
- Ava Sure raised an undisclosed amount on May 20, 2021.
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Funding Insights
What this usually meansComet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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