Strong Compute, a Sydney, Australia-based startup that helps developers remove the bottlenecks in their machine learning training pipelines, today announced that it has raised a $7.8 million seed round to speed up ML training pipelines
The round led a total of 30 funds and angels, including the likes of Sequoia Capital India, Blackbird, Folklore, and Skip Capital, as well as Y Combinator, Starburst Ventures, and founders and engineers from companies like Cruise, Waymo, Open AI, SpaceX, and Virgin Galactic.
Company: StrongCompute Corporation
Raised: $7.8M
Round: Seed Round
Funding Month: May 2022
Lead Investors: Ben Sands
Additional Investors: Sequoia Capital India, Blackbird, Folklore, Skip Capital, Y Combinator, Starburst Ventures, Cruise, Waymo, Open AI, SpaceX, Virgin Galactic.
Company Website: https://strongcompute.com/
Software Category: Machine Learning Training Pipelines
About the Company: Strong Compute was founded in 2021 by Ben Sand, Strong Compute is an ML training platform that focuses on ultra-high-performance and efficiency. Strong Compute is building the future of Cloud Computing, priced by performance, not consumption. With a few lines of integration, our customers are getting 10x-1000x faster training. Strong Compute has taken pre-optimized reference libraries and sped them up 20x. This turns a 60-hour training run into a few hours. Strong Compute’s mission is to build the future of cloud computing.
Source: https://techcrunch.com/2022/05/30/strong-compute-raises-7-8m-seed-round-to-speed-up-ml-training-pipelines/