FeatureByte Raises $5.7 Million in Seed Round

by Kay Aloha Villamor in July 29th, 2022

FeatureByte, a Boston, MA-based AI startup formed by a team of data science pioneers has announced a $5.7 million seed round.

The round was led by Glasswing Ventures and Tola Capital. 

The funding will be used to scale R&D and go-to-market operations.

Company: FeatureByte.

Raised: $5.7M

Round: Seed Round

Funding Month: July 2022

Lead Investors: Glasswing Ventures and Tola Capital

Additional Investors: 

Company Website: https://featurebyte.com/

Software Category: Data-centric AI solution

About the Company: FeatureByte’s data-centric AI solution radically simplifies feature engineering and feature management for data scientists, enabling organizations to achieve AI scale. FeatureByte solves the problems of various silos of work that can occur in domain knowledge, data science, and data engineering. FeatureByte’s data-centric AI solution radically simplifies feature engineering and feature management for data scientists, enabling organizations to achieve AI scale.

Source: https://www.globenewswire.com/news-release/2022/07/28/2487909/0/en/FeatureByte-Launches-With-5-7M-Seed-Round-to-Democratize-Feature-Engineering-and-Feature-Management.html






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