Funding

Zerve Funding News – Zerve raises $7.6M Funding Seed to streamline developer data

Oct 18, 2024 | By Team SR

Zerve is a platform for data science and AI development that enables code-first data teams to reduce cycle times by up to nine times, revealed today that it has raised $7.6 million in a seed round.

SUMMARY

  • Zerve is a platform for data science and AI development that enables code-first data teams to reduce cycle times by up to nine times, revealed today that it has raised $7.6 million in a seed round.
  • Zerve AI is a cloud-based tool that enables data science and ML teams to explore, code, and deploy AI projects with stability, security, and scalability.

Zerve was founded in Ireland in 2021 with the goal of enhancing the impact of AI and data workflows by offering a distinctive platform that is focused on developers and is built on a filed-patent architecture that ensures scalability and resilience.

Read also:- Edgee Funding News - Paris-based Edgee raises €2.66 million.

These days, businesses are paying more attention to the effectiveness and quantifiable effects of code-first data teams. Many data and AI procedures that have the potential to revolutionise businesses remain in the development stage. Those that do face numerous challenges, such as handing over deployment to distinct engineering and development teams and dealing with cloud infrastructure, version control, and repeatability problems.

Read also:- Neuphonic Funding News - London-based Neuphonic raises €3.5 million to transform Voice AI.

The end-to-end platform from Zerve offers a setting that makes creating, overseeing, and implementing these processes easier. With capabilities like automated infrastructure management, language interoperability, effective version controls, package management, and deployment procedures, Zerve helps data teams drastically cut down on cycle times and maximise return on investment.

February of this year saw Zerve's product's commercial introduction. It has had over 4,000 customers join up for its free product tier in only three months, and it has successfully onboarded top code-first data teams in big businesses worldwide.

The stick we measure ourselves by is how much more throughput the teams we’re working with have been able to achieve, whether that is reducing their overall cycle time for projects or increasing their speed to recommendations. The speed at which data and AI projects run can sometimes feel like death by 1,000 cuts, so on-top of our 100% guaranteed, resilience-based architecture, we have cleared the path-to-output by removing the smaller hurdles that get in the way.

Angel investors, including Rob Hickey, a former Executive Vice President of Engineering at DataRobot, and current investor Elkstone contributed to the investment, which was led by Paladin Capital Group.

The limitations of current solutions have placed a big barrier in front of innovation at organisations seeking to realise the potential of data science and AI. Zerve’s intuitive platform can release that potential and improve the safety and reliability of the software ultimately deployed.

About Zerve

Zerve AI is a cloud-based tool that enables data science and ML teams to explore, code, and deploy AI projects with stability, security, and scalability. Our end-to-end development platform, built specifically for code-first data teams, enhances transparency and drastically reduces the time from prototype to production—from months to weeks.

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