March 2023 DIGITAL INFRASTRUCTURE Seldon secures $20 Million in Series B funding led by Bright Pixel The strategic funding aims to expand Seldon’s machine learning product’s market fit and unlock enterprise-ready solutions based on open source. Seldon, a data-centric machine learning operations (MLOps) platform for the deployment, management, monitoring and explainability of machine learning (ML) models, announced a $20M Series B funding round today. The round was led by new investor Bright Pixel (former Sonae IM) with significant participation from existing investors AlbionVC, Cambridge Innovation Capital, and Amadeus Capital Partners. Organizations are investing heavily in AI but many are struggling to scale out their models in production due to bottlenecks in team workflows, increased regulation and compliance restraints, a lack of trust in model outputs, and ensuring peak model performance are all top of mind for AI-powered enterprises. Seldon empowers Data Scientists, ML Engineers and other business stakeholders to accelerate...
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