Fundz

Qwak Mlops Platform Doubles Valuation With $12M Bessemer Funding

Mar 01, 2023

Amount Raised

$12 Million

Round Type

Funding Round

SoftwareArtificial IntelligenceAnalyticsMachine Learning

Investors

AmitiStage One VenturesLeaders FundBessemer Venture Partners

Description

Qwak, the end-to-end MLOps platform, today announced a new investment from Bessemer Venture Partners. The $12 million financing, at double the valuation from the company's last funding round, follows a year of growth and represents Bessemer's first meaningful investment in the growing area of MLOps and machine learning infrastructure. Existing investors Leaders Fund, StageOne Ventures and Amiti also participated in the round. The investment comes as machine learning (ML) is breaking into the mainstream, with generative AI applications like Dall-E, MidJourney and ChatGPT becoming massively popular and disrupting the creative industries.

Quick answer

Qwak raised $12 Million in a Funding Round round, dated March 1, 2023. Investors: Amiti, Stage One Ventures, Leaders Fund and Bessemer Venture Partners.

How much did Qwak raise?
Qwak raised $12 Million in a Funding Round round on March 1, 2023.
Who invested in Qwak?
Amiti, Stage One Ventures, Leaders Fund and Bessemer Venture Partners are named as investors in this round.
What does Qwak do?
Qwak AI Ltd. is the creator of the AI and MLOps platform.
Where is Qwak based and how big is it?
Fundz records about 1,771 employees.

Source: Fundz verified event record.

Who else raised in Analytics and Software around the same time

Companies in the same sectors as Qwak that raised within 45 days of this round, from Fundz verified event records.

  • Datavault AI raised $1.2M (Seed) on April 7, 2023.
  • Quantexa raised $129M (Funding Round) on April 3, 2023.
  • Datavault AI raised $1.8M (Seed) on March 27, 2023.
  • SOCi raised $120M (Funding Round) on March 7, 2023.
  • Fingerprint for Success (F4S) raised an undisclosed amount (Funding Round) on January 31, 2023.
  • Datavault AI raised $6.2M on January 31, 2023.

Who to call at Qwak, and when

A new round usually means Qwak is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Qwak, from your own LinkedIn network

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Company Information

Company

Qwak

About

Qwak AI Ltd. is the creator of the AI and MLOps platform. Qwak's MLOps solution, powered by JFrog Artifactory as the model registry of choice and JFrog Xray for scanning and securing ML models, will enhance user efficiency and provide a unified platform experience for DevOps, DevSecOps, MLOps, and MLSecOps. With this acquisition, Qwak's technology will deliver a straightforward and hassle-free user experience for bringing models to production.

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Qwak 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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