OctoML Secures $28M to Accelerate ML Model Deployment
New funding round underscores high demand for early access to OctoML s machine learning acceleration platform that deploys to any hardware, cloud provider or edge device
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SEATTLE, March 17, 2021 /PRNewswire/
OctoML today announced it has raised a $28 million Series B funding round, bringing the company s total amount raised to $47 million. Addition led the round with participation from existing investors Madrona Venture Group and Amplify Partners.
Built on
Apache TVM, the ML open-source stack that powers the Alexa wake word and Qualcomm s machine learning software, OctoML is an ML acceleration platform that automatically maximizes model performance while enabling continuous deployment. The company s flagship product, Octomizer, enables engineering teams to deploy models in hours not months on any hardware, cloud provider, or edge device.