MyDataModels, a Sophia Antipolis, France-based startup that develops an automated machine learning software platform, closed €1m in seed funding.
The round was led by Earlybird Venture Capital.
The company intends to use the funds to accelerate the adoption of its new cloud-based solution and further develop business growth.
Led by Simon Gazikian, CEO & Co-Founder, MyDataModels provides domain experts with limited or no programming or machine learning skills with a platform to build and run their own predictive models. A fully automated Small Data machine learning solution, the platform targets domain experts at SME, enterprises and research institutes.
After its desktop version is already in use at several corporations, the company has launched its SaaS version.
In addition to the funding, Dr Marc Schoenauer joined as a new board member to support scientific and business visions of the startup.