Applications & OS News
Emerging AI And Machine Learning Tool Vendors To Know In 2022
As part of CRN’s Emerging Vendors for 2022, here are 11 AI and machine learning technology startups, founded in 2016 or later, that solution providers should be aware of.
Top Executive: Michael Del Balso, Co-Founder, CEO
Tecton develops a machine learning feature store platform that the company said can speed the deployment of machine learning applications from months to minutes. The company’s technology automates the transformation of raw data, generates training data sets and serves up features for online inference at scale.
Tecton, based in San Francisco, was founded by the developers who created Uber’s Michelangelo machine learning platform. The company exited stealth in April 2020.
On July 12 Tecton said it raised $100 million in Series C funding, bringing its total financing to $160 million. The company also said that its annual recurring revenue nearly tripled from fiscal 2021 to fiscal 2022 and that ARR growth accelerated to more than 180 percent in the fiscal quarter ended April 2022. Tecton also said that its customer base increased five-fold during the previous 12 months.