OctoML Raises $85M in Funding
- OctoML, a Seattle, WA-based provider of a machine learning deployment platform, raised $85m in Series C funding
- The round, which brought total amount raised to $132m, was led by Tiger Global Management with participation from existing investors
- The company intends to use the funds to accelerate growth, including expanding its ML deployment platform, and building on its ecosystem of hardware partners and cloud service providers
- Core to the Octo’ML platform is an ecosystem of hardware and cloud vendors that extend support of Apache TVM and Octo’ML to any hardware endpoint
- In the last month, the company has announced official partnerships with hardware vendors, including Qualcomm, AMD and Arm
