Datomize, a Tel Aviv, Israel-based developer of synthetic data solution to accelerate time to market for AI/ML models and new products, completed its $6m seed funding round.
The round was led by TPY Capital, with participation from its first investor F2 Venture Capital.
The company intends to use the funds for the commercialization of its synthetic data solution that accelerates time to market for artificial intelligence (AI)/machine learning (ML) models and new products that drive business growth.
Co-founded by Avi Weiss, CEO, Sigal Shaked, CTO, and Roy Yogev, Datomize synthesizes new data to improve the efficiency and speed of developing and training AI/ML models and applications for hundreds of use cases. Data preserves the behavioral features of the original data without violating personal privacy regulations. Based on real customer data and insights from global banks, the company is able to process complex data structures with multiple dependencies and is fully scalable to process thousands of tables with millions of records.