Seldon announced completing a £7.1 million Series A round co-led by AlbionVC and Cambridge Innovation Capital.
Seldon, a London, UK-based software developer of an open-source machine learning deployment platform, announced completing series A funding found of £7.1 million ($9.4M).
The money was raised from investors led by AlbionVC and Cambridge Innovation Capital, and including existing investors Amadeus Capital Partners and Global Brain.
Proceeds will be used to accelerate R&D and drive commercial expansion as well as hire more people.
Seldon, founded in 2014 by CEO Alex Housley, is a software developemnt house which built and operates Seldon Core, an open-source machine learning deployment platform for Kubernetes that makes it easier and quicker to deploy machine learning models and experiments in production. The platform enables data scientists and engineers to manage, serve and optimize models from any machine learning library or framework. Seldon Core scales from start-up to enterprise-scale machine learning deployment scenarios and runs on any cloud provider, on customer’s own premises, or as a fully managed service.
Seldon previously raised £2.7M at the beginning of 2019.