MLOps platform Qwak today announced that it has raised a $12 million Series A1 funding round from Bessemer Ventures. The startup, which offers a fully managed platform that combines machine learning engineering and data management tools, previously raised a total $15 million. Existing investors Leaders Fund, StageOne Ventures and Amiti also participated in this round, which doubled the company’s valuation.
Qwak’s current customers include the likes of NetApp, Lightricks, Yotpo, JLL, Guesty and OpenWeb (which we use here at TechCrunch to power our comment section). The company says it saw its revenue grow 10x year-over-year.
