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Union.Ai Announces $19.1M Series A And Launches All-New Union Cloud To Simplify Ai And Data Workflows For All

May 17, 2023about 2 years ago

Amount Raised

$19.1 Million

Round Type

series a

Seattle

Investors

Nava VenturesNea

Description

Union.ai, a company that extends companies' ability to create next-generation AI and data products at scale, today announced general availability of Union Cloud for North American and European customers of AWS and GCP. Union Cloud empowers organizations to deliver highly reliable and impactful products that leverage the latest AI technologies at low cost, high quality and rapid velocity. The company also announced it has raised $19.1 million in Series A financing from NEA and Nava Ventures in order to fuel growth and its expanded offerings.

Company Information

Company

Union AI

Location

Seattle, Washington, United States

About

Union.ai is revolutionizing the way organizations approach machine learning and data orchestration with Union Cloud, a managed version of the innovative Flyte platform. This unique, Kubernetes-native solution simplifies the processes of data scientists and machine learning engineers, ensuring seamless and efficient workflow automation. With a proven track record of success among market-leading companies, Union.ai continues to be the driving force behind Flyte's development and adoption.

FundzWatch™ Score

89
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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