Bodo.ai Raises $14 Million in Series A

by Kay Aloha Villamor in August 26th, 2021

Bodo.ai, the high-performance parallel computation platform for data workloads, has raised $14 Million in Series A funding headed by Dell Technologies Capital, with Uncorrelated Ventures, Fusion Fund, and Candou Ventures also participating.

Bodo.ai is turning its focus from financing to customers and income in order to increase Python community adoption.

Company: Bodo.ai

Raised: $14.0M

Round: Series A

Funding Month: August 2021

Lead Investors: Dell Technologies Capital

Additional Investors: Uncorrelated Ventures, Fusion Fund and Candou Ventures

Company Website: https://bodo.ai/

Software Category: Data analytics and machine learning applications

About the Company: Founded in 2019, Bodo.ai is an extreme-performance parallel compute platform for data analytics, scaling past 10,000 cores and petabytes of data with unprecedented efficiency and linear scaling. Leveraging unique automatic parallelization and the first inferential compiler, Bodo is helping F500 customers solve some of the world’s most massive data analysis problems. And doing so in a fraction of traditional time, complexity, and cost, all while leveraging the simplicity and flexibility of native Python. Developers can deploy Bodo on any infrastructure, from a laptop to a public cloud. Headquartered in San Francisco with offices in Pittsburgh, PA, the team of passionate technologists aims to radically accelerate the world of data analytics.

Source: https://www.businesswire.com/news/home/20210825005146/en/Bodo.ai-Raises-14-million-Series-A-to-Revolutionize-Simplicity-Performance-and-Scale-for-Data-Analytics-and-Machine-Learning

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