HomeIndiaSimplismart Raises $7M in Funding

Simplismart Raises $7M in Funding

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Simplismart

Simplismart, a Bangalore, India-based provider of a cloud/model-agnostic MLOps workflow orchestration platform, raised $7M in funding.

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

The company intends to use the funds to accelerate R&D and growth for their enterprise-focused MLOps orchestration platform.

Co-founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart is a cloud/model-agnostic MLOps workflow orchestration platform that helps organizations fine-tune, deploy, and observe models at scale using a declarative standardized language similar to Terraform (developed by Hashicorp). Simplismart’s inference engine allows users to leverage optimized performance for all their model deployments. For example, Its software-level optimization helps run Llama3.1 (8B) at an impressive throughput of >440 tokens per second. The platform standardizes orchestration workflows, allowing teams to focus on their core product needs rather than spending numerous manhours building this infrastructure.

FinSMEs

17/10/2024

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