The funds will be utilized to broaden operations and development efforts. CentML, established in 2022 under CEO Gennady Pekhimenko, offers a platform that enables clients to optimize AI models for maximum performance and cost-efficiency. The platform allows users to fine-tune algorithms, identify inefficiencies, and access real-time analytics.
Key takeaways:
- CentML, a Toronto-based software platform provider, has raised $27M in funding.
- The funding round was led by Gradient Ventures, Google’s AI-focused venture fund, and included participation from Radical Ventures, NVIDIA, Deloitte Ventures, and Thomson Reuters Ventures.
- The company plans to use the funds to expand operations and development efforts.
- CentML's platform allows clients to optimize AI models for peak performance and cost-efficiency, offering features like fine-tuning algorithms, pinpointing inefficiencies, and accessing real-time analytics.