Diveplane lands $25M to grow its MLOps platform
Summary
The aforementioned platform eventually became Diveplane, which today offers products that create synthetic data to train AI systems, find anomalies in data and forecast market trends.In a sign that business is healthy, Raleigh, North Carolina-based Diveplane today closed a $25 million Series A funding round led by the defense-focused fund Shield Capital, with Calibrate Ventures, L3Harris Technologies and Sigma Defense participating. Capps tells TechCrunch that the new capital will be used primarily to grow the companys roughly 20-person headcount and create new internal departments, starting with customer success.We built a platform thats [easy] to use, faster, transparent, auditable and explainable We provide the tools to developers and data scientists, who manage data input and output entirely on their hardware or cloud, Capps said in an email interview. Capps met Hazard through a mutual acquaintance, and they collaborated with Resnick to develop a Diveplane proof-of-concept.Diveplane occupies the MLOps category of AI startups, which aims to furnish organizations with tools to deploy and maintain machine learning models in production. And its all auditable over the lifetime of the model, so you can roll back to the state of the system, re-create a classification and then pull the full explanation for it.On the synthetic data side, Diveplane competes with startups like MostlyAI, Gretel and Hazy. And in MLOps more broadly, it goes head to head with rivals such as Arize, Tecton and Weights & Biases, the last of which raised $135 million last October.To stand out, Diveplane has focused a portion of its customer acquisition efforts on defense outfits reflecting its co-founders backgrounds (Capps once taught at a Naval post-graduate school, and Hazard worked for the Department of Defense).As L3Harris Dan Gittsovich put it via email: DoD customers are intensely focused on responsible use of AI to improve their decision speed when lives are on the line, and we are confident Diveplanes explainable trusted AI solutions could help combatant commanders now.