SigOpt
Latest round
- Series A
Last raised
- Jul 2016
Total raised
- $8.6M
Investors
- 5
About SigOpt
SigOpt, Inc.Founded in 2014 and headquartered in San Francisco, US, SigOpt, Inc. offers innovative solutions in optimization and machine learning. The company was acquired by Intel Corporation in October 2020. CEO Scott Clark has a history of leadership within the technology sector.SigOpt, Inc. provides advanced optimization and machine learning tools that enhance model performance and facilitate data-driven decision-making. Their flagship product enables effective hyperparameter tuning and complex model optimization through an intuitive interface that integrates seamlessly with existing data workflows. This solution primarily serves data scientists and machine learning engineers in sectors such as finance, healthcare, and technology, addressing challenges in predictive accuracy and operational efficiency.SigOpt, Inc. generates revenue through a subscription-based model with tiered pricing plans tailored to various client needs. Clients enter into annual or multi-year contracts providing access to the company’s suite of optimization products and support services. Revenue is derived from direct business sales aimed at enhancing machine learning capabilities alongside partnerships with software integrators that distribute SigOpt’s solutions.SigOpt, Inc. Following its acquisition by Intel, the company aims to enhance its existing suite of tools and is expected to explore further integrations within Intel's ecosystem. The expansion strategy targets markets in Europe and Asia, with specific timelines for product launches and market entry yet to be disclosed.
Who invested in SigOpt
5 investors across 2 rounds
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Questions about SigOpt
Who invested in SigOpt?
SigOpt has 5 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 SigOpt raised?
SigOpt has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did SigOpt last raise money?
SigOpt's most recent round on record is a Series A, in Jul 2016.
What does SigOpt do?
SigOpt is a software company.
Where is SigOpt headquartered?
SigOpt is headquartered in San Francisco, US.
Which VCs invest in companies like SigOpt?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SigOpt's stage. Their profiles are linked below.
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