Comet Raises $13M Series A To Become The Mlops Standard For Model Development &Amp; Monitoring

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.