Seattle startup led by former VMware execs raises $4.7M for ‘machine-learning-in-a-box’ service
Summary
In addition to Rust, the company’s other investors include former VMware CEO Paul Maritz, Harek Kodesh of Silver Lake Partners, and Ashmeet Sidana of Engineering Capital. Tignis uses the data generated by edge computing devices to help its customers improve performance, detect real-time problems and predict when issues might occur. Manufacturers and farmers are interested in using edge computing devices to detect and respond to problems across far-flung locations, which generates a ton of data from which machine-learning experts can divine insights. CEO Jon Herlocker co-founded Tignis after leaving virtualization software company VMware, where he was vice president and CTO of the company’s cloud management business unit. The software giant is growing its Bellevue, Wash. satellite office — as are plenty of other out-of-town tech companies — and has acquired local startups such as Heptio and Cloud Coreo in recent years.
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