infotechlead
infotechlead

OctoML raised $28 mn in Series B funding led by Addition

OctoML has raised a $28 million Series B funding round, bringing the company’s total amount raised to $47 million.
VC funding in technology cosAddition led the round with participation from existing investors Madrona Venture Group and Amplify Partners.

Octomizer supports a variety of ML frameworks like PyTorch, TensorFlow, and ONNX serialized models as well as hardware backends like NVIDIA/CUDA, x86, AMD, ARM, Intel, MIPS, and more.

Recently, the company was able to beat Apple’s Core ML 4 on Apple M1 by improving model performance by 1.5x.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

M&A deals: ACI Worldwide, Vatica Health, Cozeva, Intuitive Machines, Lanteris Space

Today’s M&A deals include announcements on ACI Worldwide, Payment...

M&A deals: Salute, Northshore, Harbor IT, The 20 MSP, Ripple

Today’s M&A deals include announcements on Salute, Northshore, Harbor IT, The 20...

M&A deals: Sandvik, Xanadu, Marine Thinking, Bystronic, Incredibuild Software

Today’s M&A deals include announcements on  Sandvik, Xanadu, Marine Thinking, Bystronic,  Incredibuild...

M&A deals: Sitero, studyOS, Veryon, EBIS, DoseMe, Firstline, Twilio

Today’s M&A deals include announcements on  Sitero, Veryon, EBIS, DoseMe, Firstline, Twilio, among others. acquisitions...