Ex-Oracle and Google engineers get $7m from Accel for public launch of Simplismart

Ex-Oracle and Google engineers get $7m from Accel for public launch of Simplismart

Simplismart has announced a $7m funding round for its infrastructure that enables organizations to deploy AI models seamlessly – positioning itself as the critical enabler for AI’s transition into mainstream enterprise operations. 

The series A funding round was led by Accel with participation from Shastra VC, Titan Capital, and high-profile angels, including Akshay Kothari, Co-Founder of Notion.

This tranche, more than ten times the size of their previous round, will fuel R&D and growth for their enterprise-focused MLOps orchestration platform.

“Building generative AI applications is a core need for enterprises today. However, the adoption of generative AI is far behind the rate of new developments. It’s because enterprises struggle with four bottlenecks: lack of standardized workflows, high costs leading to poor ROI, data privacy, and the need to control and customize the system to avoid downtime and limits from other services,” said Amritanshu Jain, Co-Founder and CEO, Simplismart.

“As the models get larger and the workload increases, it will be imperative to have command over the orchestration workflows. Every new technology goes through the same cycle: exactly what Terraform did for cloud, android studio for mobile, and Databricks/Snowflake did for data.”

Anand Daniel, Partner, Accel, said: “As GenAI undergoes its Cambrian explosion moment, developers are starting to realise that customizing & deploying open-source models on their infrastructure carries significant merit.

“We were happy to see that Simplismart’s team saw this opportunity quite early.”

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