Granica
Latest round
- Series A
Last raised
- Sep 2020
Total raised
- $40M
Investors
- 2
About Granica
Based in California, US, and co-founded by Rahul Ponnala (CEO) and Tarang Vaish (CTO) in 2019, Granica operates as a software development company offering an online platform that provides artificial intelligence (AI) based data management and optimization solutions. The company offers an AI-efficiency platform and suite of API (application programming interface) services for data-intensive organizations. The company's AI Efficiency Platform, known as Granica, is deployed as managed software that runs in customers' AWS or GCP cloud accounts. It increases the efficiency and utility of AI-related data, delivering benefits throughout the downstream AI pipeline stages. By leveraging Granica, businesses can free up significant resources, time, and money that can be reinvested to improve AI performance and outcomes. Granica's flagship API service, Granica Crunch, provides deep and fast data reduction of large-scale image and textual AI data. It utilizes advanced machine learning-powered algorithms to reduce storage and bandwidth costs associated with AI data by 25-60%. This allows businesses to cost-effectively manage, grow, and utilize their AI datasets to maximize model performance and return on investment.
Who invested in Granica
2 investors across 1 round
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Funding rounds
Series A
Sep 18, 2020
Amount
$40M
Investors
Questions about Granica
Who invested in Granica?
Granica has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Granica raised?
Granica has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Granica last raise money?
Granica's most recent round on record is a Series A, in Sep 2020.
What does Granica do?
Based in California, US, and co-founded by Rahul Ponnala (CEO) and Tarang Vaish (CTO) in 2019, Granica operates as a software development company offering an online platform that provides artificial intelligence (AI) based data management and optimization solutions.
Where is Granica headquartered?
Granica is headquartered in Mountain View, US.
Which VCs invest in companies like Granica?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Granica's stage. Their profiles are linked below.
VCs backing software startups at Series A
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