Iguazio, a Herzliya, Israel-based data science platform for real time machine learning applications, raised $24M in funding.
The round was led by INCapital Ventures, with participation from existing and new investors, including Pitango, Verizon Ventures, Magma Venture Partners, Samsung SDS, Kensington Capital Partners, Plaza Ventures and Silverton Capital Ventures.
The company intends to use the funds to accelerate its growth and expand the reach of its data science platform to new global markets.
Co-founded by Yaron Segev, Yaron Haviv, and Asaf Somekh, Iguazio provides a Data Science Platform that enables enterprises to develop, deploy and manage AI applications at scale. With it, companies can run AI projects in real time, deploy them anywhere; multi-cloud, on-prem or edge, and bring their data-driven strategies to life. Enterprises spanning a wide range of verticals, including financial services, manufacturing, telecoms and gaming, use Iguazio through a multitude of real-time use cases.