Iguazio
Latest round
- Series B
Last raised
- Jul 2017
Total raised
- $48M
Investors
- 7
About Iguazio
Founded in 2014 in Herzliya, Israel, Iguazio Ltd. delivers advanced AI solutions for managing machine learning workflows. The company's CEO, Asaf Somekh, leads its operations.00 mn, which will strengthen McKinsey's AI research and development capabilities.Iguazio offers a comprehensive AI platform designed to operationalize and manage machine learning (ML) and generative AI applications at scale. The platform encompasses features such as AI pipeline orchestration, model monitoring, CI/CD for machine learning, GPU management, and serverless automation. It enables organizations to deploy AI effectively in live business environments while addressing operational challenges like time-to-market and data privacy compliance. Iguazio's clients span multiple industries including telecommunications, healthcare, manufacturing, and financial services, showcasing the platform's application in real-time predictive maintenance and AI-driven recruitment processes.Iguazio operates on a subscription-based revenue model, allowing clients access to its AI platform and services. This approach fosters long-term partnerships and a steady revenue stream through recurring subscriptions, which can vary based on deployment scale and specific service offerings. The pricing model is structured to accommodate the needs of diverse enterprise clients, with transactions generally negotiated directly.In January 2023, McKinsey & Company acquired Iguazio Ltd.00 mn, which will be utilized to bolster its AI research and development center and scale AI deployments. The acquisition is expected to facilitate new product designs and launches, though specific details on upcoming products have not been disclosed. Iguazio aims to expand its market presence, focusing on new geographic regions, although particular markets have not been specified.
Who invested in Iguazio
7 investors across 2 rounds
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Questions about Iguazio
Who invested in Iguazio?
Iguazio has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Iguazio raised?
Iguazio has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Iguazio last raise money?
Iguazio's most recent round on record is a Series B, in Jul 2017.
What does Iguazio do?
Founded in 2014 in Herzliya, Israel, Iguazio Ltd.
Where is Iguazio headquartered?
Iguazio is headquartered in Herzliya, Israel.
Which VCs invest in companies like Iguazio?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Iguazio's stage. Their profiles are linked below.
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