- Acquired by McKinsey & Company, Jan 2023
- Raised $33M funding round, Jul 2017
- Raised $24M funding round led by INcapital Ventures, Jan 2020
About
Iguazio's MLOps platform empowers enterprises to build, deploy and manage ML/AI and gen AI applications quickly and efficiently at scale. The platform provides capabilities for automating, simplifying and accelerating every stage of the AI pipeline, as well as implementing guardrails and de-risking gen AI applications.
By leveraging Iguazio, Fortune 500 companies and other enterprise clients have built ‘AI factories’, capable of quickly rolling out new AI services in a repeatable and modular way, at scale and in real time.
The Iguazio platform supports various open source and commercial LLMs and any AI/ML model, and powers real-time serving and deployment of AI and gen AI projects in any environment (multi-cloud, on prem, hybrid). Iguazio automates the flow of data preparation, tuning, validation, CI/CD, and optimizes ML and gen AI models efficiently over elastic resources. Iguazio comes with built-in model monitoring for data, training, model and resources, as well as automated model re-training or fine-tuning.
Across industries like financial services, manufacturing, smart mobility and more, the Iguazio platform helps tackle the complexities of MLOps and achieve ROI through advanced applications like gen AI-powered customer support centers, predictive manufacturing, and real-time logistics management.
Iguazio was acquired by McKinsey and Company in early 2023, and is part of QuantumBlack, McKinsey’s AI arm.
Funding history · 4 rounds · $72.0M total
Q&A
- What is Iguazio's primary business?
- Iguazio provides a Machine-learning Operations (MLOps) platform that enables enterprises to build, deploy, and manage ML/AI and generative AI applications at scale. The platform automates and accelerates the AI pipeline, supporting various open-source and commercial LLMs and models across multi-cloud, on-prem, and hybrid environments.
- When was Iguazio acquired and by whom?
- Iguazio was acquired by McKinsey & Company in January 2023. It is now part of QuantumBlack, McKinsey’s AI arm, and has ceased to operate as an independent entity.
- What was the total amount of funding raised by Iguazio before its acquisition?
- Iguazio raised a total of $72,000,000 USD across multiple funding rounds.
- Which investors participated in Iguazio's $24 million funding round in January 2020?
- The $24 million funding round in January 2020 was led by INcapital Ventures, with participation from Verizon Ventures Israel.
- Where is Iguazio's headquarters located?
- Iguazio's headquarters is located in Herzliya, Center District, Israel.
- What industries does Iguazio's platform target?
- Iguazio's platform targets industries such as financial services, manufacturing, smart mobility, communication services, and healthcare, helping them tackle MLOps complexities.
- Who are the co-founders of Iguazio?
- The co-founders of Iguazio are Asaf Somekh (Co-Founder & CEO), Yaron Haviv (Co-Founder & CTO), Yaron Segev (Co-Founder & VP Product), and Orit Nissan-Messing (Co-founder and VP Architecture).
Team · 4
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/5351633 | |
| facebook.com/iguazio | |
| YouTube | youtube.com/channel/UChmi6ZzsZd9doYYVut1ppUg |
Identifiers & details
| Founded | 2014-12 |
|---|---|
| Employees (exact) | 81 |
| Offices | Singapore; New York |
| Status reason | Acquired (Inactive) by McKinsey & Company on Jan 2023 - ceased to operate |
Acquisitions & public offerings
Acquired by McKinsey & Company 2023-01
Radar intelligence
Patents
| EPO | 9 |
|---|