Continual Raises $14.5 Million in Series A Funding
Summary
Continual, a San Francisco, CA-based AI platform for the modern data stack, raised $14.5m in Series A funding. The round was led by Innovation Endeavors, joined by Amplify Partners, Illuminate Ventures, Inspired Capital, Data Community Fund, Activation, New Normal, GTMfund, and angels Tomer Shiran, the founder of Dremio, and Tristan Handy, the founder of dbt Labs. The company intends to use the funds to double its team by the end of 2022 to support its customers and expand functionality for more advanced use cases and users. Midmarket and enterprise customers use it to deploy continually-improving predictive models to drive revenue, operate more efficiently, and power innovative products and services. In addition to announcing general availability of its cloud platform, the company is releasing a private preview of model extensibility functionality which gives advanced users the ability to extend its MLOps engine with custom capabilities.
Funding
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