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

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

04/08/21, 12:06 PM
Money raised
$13 million
Round Type
series a
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.

Company Info

Company
Comet
Additional Info
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. Trusted by over 150 customers including Ancestry, Cepsa, Etsy, Uber and Zappos, Comet has built a community of tens of thousands of users and academic teams who use the platform free of charge to accelerate research in their fields of study. Comet is headquartered in New York City, with a remote global workforce. To learn more about Comet, visit comet.ml. To join our community, visit heartbeat.comet.ml.