Machine Learning Innovator Wallaroo Wins Backing From Microsoft’s M12 In $25M Series A Round

Feb 10, 2022•over 3 years ago

Amount Raised

$25 Million

Round Type

series a

Description

Wallaroo Labs, Inc., today announced it has closed $25 million in a Series A round led by Microsoft’s venture arm, M12. Wallaroo helps enterprises easily deploy, run, and observe ML models in production at scale so they actually impact the bottom line. New investors Ridgeline Partners and NSS Advisors joined existing seed investors Boldstart Ventures, Contour Venture Partners, Eniac Ventures, and Greycroft as part of the round. Wallaroo will use the funds to expand product, sales, and marketing, and to release a free community edition.

Company Information

Company

Wallaroo Labs

About

Wallaroo’s breakthrough platform facilitates the last-mile of the machine learning journey - getting ML into your production environment to impact the bottom line - with incredible speed, scale, and efficiency. Fortune 500 companies in retail, finance, manufacturing, and other innovative market sectors are turning to Wallaroo to easily deploy, run, and observe ML models at scale. Headquartered in New York City, Wallaroo Labs is privately-held and backed by a number of leading venture capital firms including Microsoft’s M12, Boldstart Ventures, and other leading enterprise software VCs. For more information, visit https://www.wallaroo.ai/ or follow on Twitter @Wallarooai.

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