AI model optimization startup OctoML raises $28M Series B round
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Machine learning acceleration startup OctoML Inc. has secured yet more funding with a new $28 million round that brings its total amount raised to $47 million.
Today’s Series B round was led by Addition, with participation from existing investors Madrona Venture Group and Amplify Partners. It follows a $15 million Series A round in March 2020 that came just six months after its initial seed funding round.
OctoML was founded in 2019 by a group of computer scientists from the University of Washington. Led by Chief Executive Officer Luis Ceze, the company has created an open-source framework called Apache TVM that can be used to optimize artificial intelligence models for the specific processors they’re designed to run on.
OctoML raises $28M grow machine learning software used by Qualcomm, Microsoft, AMD
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OctoML raises $28M grow machine learning software used by Qualcomm, Microsoft, AMD
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