Domino Data Lab Raises $100M in Series F Funding
USA
Published on October 5, 2021
Domino Data Lab, a San Francisco, CA-based provider of an Enterprise MLOps platform, raisded $100m in Series F funding.
The round, which brings total funding to $228m, was led by Great Hill Partners with participation from existing investors Coatue Management, Highland Capital Partners and Sequoia Capital, as well as NVIDIA.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2013 and led by Nick Elprin, CEO, Domino Data Lab provides model-driven businesses with an MLOps platform that accelerates the development and deployment of data science work while increasing collaboration and governance.
Domino and NVIDIA will also further integrate products and expand joint sales efforts to support customers’ efforts to build model-driven businesses.
Since 2020, the company has offered certified Enterprise MLOps software for NVIDIA DGX systems as a charter member of the NVIDIA DGX-Ready Software program. Building on that collaboration, Domino is working with NVIDIA to develop product functionality to expand the accelerated computing capabilities in its platform. This includes validating the Domino platform for NVIDIA AI Enterprise so that it can run on mainstream, NVIDIA-Certified Systems from OEM hardware providers.
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