MindsDB, a Berkeley, CA-based provider of an automated machine learning platform to gain insights from their data, raised $3m in funding.
The round was led by OpenOcean with participation from Rogue Capital, Amber Atherton, SCM Advisors, and Berkeley SkyDeck.
The company intends to use the funds to expand operations and its business reach.
Co-founded by Adam Carrigan (COO) and Jorge Torres (CEO), MindsDB provides an open source, automated, machine-learning platform that allows anyone to gain insights from their data. It operates as a predictive AI layer for existing databases, making it easy for organizations to apply machine learning to their own data, and extract information from it by creating tools and platforms
The system has already been downloaded more than 250,000 times to date and has been used by 20,000 developers.
MindsDB is a graduate of Y Combinator’s Winter 2020 batch.