Qwak, a Tel Aviv, Israel-based that developed an MLOps engineering platform, announced that it has secured $15 million in funding.
The round was led by Leaders Fund and StageOne Ventures, with participation from Amiti Ventures and world-leading operators like Rani Wellingstein, founder of Intucell, Eugene Miropolski from Nordstar, Philippe Suchet, Tamir Carmi who co-founded ironSource, and others.
The funds from this financing will be used to invest in product development, as well as to expand its sales and marketing departments.
Company: Qwak
Raised: $15.0M
Round: unknown
Funding Month: February 2022
Lead Investors: Leaders Fund and StageOne Ventures
Additional Investors: Amiti Ventures, Rani Wellingstein, Eugene Miropolski, Philippe Suchet, and Tamir Carmi
Company Website: https://www.qwak.com/
Software Category: end-to-end production ML platform
About the Company: Qwak is an end-to-end production ML platform designed to reduce the friction between the ML research and the production phases. Qwak allows data scientists and data engineers to build, deploy and monitor their models in production with minimal engineering friction. Qwak platform includes CI/CD for ML models, version management, model analytics, and a feature store. Our main focus is to enable companies to create ML-based development without spending endless resources on infrastructure and wiring.
Source: https://www.calcalistech.com/ctech/articles/0,7340,L-3929099,00.html