OctoML raises $28M Series B for its machine learning acceleration platform
https://techcrunch.com/2021/03/17/octoml-raises-28m-series-b-for-its-machine-learning-acceleration-platform/
OctoML, a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project, today announced that it has raised a $28 million Series B funding round led by Addition Captial. Previous investors Madrona Venture Group and Amplify Partners also participated in this round, which brings the company’s total funding to $47 million. The company last raised in April 2020, when it announced its $15 million Series A round led by Amplify.
The promise of OctoML is that developers can bring their models to its platform and the service will automatically optimize that model’s performance for any given cloud or edge device. The founding team created the TVM project, which