Galileo Raises $18 Million in Series A  

by Kay Aloha Villamor in November 3rd, 2022

Galileo, a San Francisco, CA-based ML data intelligence company for unstructured data, launched the Galileo Community Edition, a free version of its platform that enables data scientists working on natural language processing (NLP) to build high-performing ML models quickly with better-quality training data. 

Galileo announced that it raised $18 million in Series A funding, bringing the total raised to $23.1 million.

Battery Ventures led the round, with participation from previous investor The Factory, new investors Walden Catalyst and FPV Ventures, and industry luminaries Anthony Goldbloom, Pegah Ebrahimi (former COO at Morgan Stanley), and Wesley Chan (former general partner at Google Ventures).

Galileo plans to use the new funding to continue to grow its engineering and go-to-market teams and to expand its platform to support new data modalities like computer vision.

"While data powers ML, debugging unstructured data is incredibly manual and time-intensive. My co-founders Atindriyo Sanyal, Yash Sheth, and I noticed a complete absence of data-focused tooling for unstructured data ML while at Apple, Google, and Uber AI. We repeatedly heard the same from data science teams across the globe. This is why we started Galileo - to build ML unstructured data tooling. Today we are making Galileo available for free through the Galileo Community Edition for any data scientist to sign up and get the superpowers to fix their ML data instantly," said Vikram Chatterji, co-founder, and CEO of Galileo.

With Galileo Community Edition, anyone can sign up for free, add a few lines of code while training their model with labeled data or during an inference run with unlabeled data to instantly inspect, find, and fix data errors, or select the right data to label next using the powerful Galileo UI.

Galileo's online event kicks off at 10 a.m. PT on November 15 with a fireside chat with Anthony Goldbloom (founder of Kaggle), lightning talks by customers on how they are instantly debugging their unstructured data and building better ML models, and a live demo of Galileo Community Edition.

Company: Galileo Technologies, Inc.

Raised: $18.0M

Round: Series A

Funding Month: November 2022

Lead Investors: Battery Ventures

Additional Investors: The Factory, Walden Catalyst and FPV Ventures, and industry luminaries Anthony Goldbloom, Pegah Ebrahimi, and Wesley Chan

Company Website: https://www.rungalileo.io/

Software Category: ML Data Intelligence

About the Company: Galileo's mission is to create data intelligence tools for unstructured data ML practitioners. With more than 80% of the world's data being unstructured and recent model advancements massively lowering the barrier to utilizing the data for enterprise ML, there is an urgent need for the right data-focused tools to build high-performing models fast. Galileo is based in San Francisco.

Source: https://www.globenewswire.com/news-release/2022/11/01/2545831/0/en/Galileo-Launches-Free-Machine-Learning-Platform-for-Data-Scientists-to-Instantly-Debug-Unstructured-Data-Raises-18-Million-in-Series-A-Led-by-Battery-Ventures.html



Your cart
    Checkout