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The rise of the machine: Alexa invests in Israeli AI enabler


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The rise of the machine: Alexa invests in Israeli AI enabler
Founded by former Google and Wix directors, Comet deploys an MLOps platform for managing AI/ML experiments and models. Among the company s investors: Amazon Alexa Fund
Yaneev Avital
/
13 Apr 2021

2 min read
One of the biggest challenges facing the AI community today is developing accurate enough models that can provide real value for a product or business. Comet, an Israeli startup providing MLOps solutions, secured $13 million in Series A funding from a number of investors, including Amazon Alexa Fund.
Just like the App Store
Comet develops an MLOps platform for managing models and AI/ML experiments. The platform helps customers and users manage the entire model development life cycle - starting from tracking fed data, code, experiments, res ....

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Comet announces $13M Series A for ML model building tool – TechCrunch


Comet announces $13M Series A for ML model building tool
There’s been a lot of investment in machine learning startups recently as companies try to push the notion into a wider variety of endeavors. Comet, a company that helps customers iterate on models in an experimentation process designed to eventually reach production, announced a $13 million Series A today.
Scale Venture Partners led the round with help from existing investors Trilogy Equity Partners and Two Sigma Ventures. The startup has raised almost $20 million, according to Crunchbase data.
Investors saw a company that has grown revenue over 500% over the last year, says Gideon Mendels, co-founder and CEO. “Things have been working very well for us. On the product side, we’ve continued to double down on what we call experimentation management where we are really tracking these models data that came into them, the hyper parameters and helping teams to debug and understand what’s going on with their ....

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