Bodo.ai: With participation from Uncorrelated Ventures, Fusion Fund, and Candou Ventures, Bodo.ai, the platform for extreme-performance parallel computing for data workloads, announced today that it has raised $14 million in Series A funding led by Dell Technologies Capital.
Bodo was established in 2019 with the intention of transforming machine learning and complex data analytics applications by making Python a top-tier, high-performance, and production-ready platform. Customers can solve difficult, large-scale data and machine learning problems with the ease and flexibility of native Python thanks to the company’s cutting-edge compiler technology, which offers exceptional performance and affordability. Bodo offers a supercomputing-like performance with linear parallel scalability that was previously unachievable, as demonstrated by its validation at 10,000+ cores and petabytes of data. For large-scale ETL, Data Prep, Feature Engineering, and AI/ML Model training, Bodo users may achieve a new level of performance and economic efficiency by doing away with the need to use new libraries or APIs or rewrite Python into Scala, C++, Java, or GPU code in order to achieve scalability.
Consumers are aware that the only way to extend Moore’s Law and meet the computational demands of AI and machine learning is through parallel computing. However, only a small number of specialists at major tech firms and government labs have had access to such high-performance computing,” continued Ehsan Totoni, co-founder and CTO of Bodo.ai. Our inferential compiler technology democratizes compute power for all developers and businesses by automating the parallelization that was previously done by performance experts. The large-scale AI, ML, and analytics communities will be significantly impacted by this.
By providing compute performance and runtime efficiency without requiring application rewriting, Bodo closes the gap between simplicity and performance. As a result, hundreds of thousands of data scientists and Python developers will be able to conduct near-real-time analytics and open up new revenue streams for clients.
About Bodo.ai
Founded in 2019, Bodo.ai is an extreme-performance parallel compute platform for data analytics, scaling past 10,000 cores and petabytes of data with unprecedented efficiency and linear scaling. Leveraging unique automatic parallelization and the first inferential compiler, Bodo is helping F500 customers solve some of the world’s most massive data analysis problems. And doing so in a fraction of traditional time, complexity, and cost, all while leveraging the simplicity and flexibility of native Python. Developers can deploy Bodo on any infrastructure, from a laptop to a public cloud. Headquartered in San Francisco with offices in Pittsburgh, PA, the team of passionate technologists aims to radically accelerate the world of data analytics.
About Dell Technologies Capital
Dell Technologies Capital is the global venture capital investment arm of Dell Technologies. The investment team backs passionate early stage founders who push the envelope on technology innovation for enterprises. Since inception in 2012, the team has sustained an investment pace of $150 million a year and has invested in more than 125 startups, 52 of which have been acquired and 7 have gone public. Portfolio companies also gain unique access to the go-to-market capabilities of Dell Technologies (Dell, Dell EMC, VMWare, Pivotal, Secureworks). Notable investments include Arista Networks, Cylance, Docusign, Graphcore, JFrog, MongoDB, Netskope, Nutanix, Nuvia, RedisLabs, RiskRecon, and Zscaler. Headquartered in Palo Alto, California, Dell Technologies Capital has offices in Boston, Austin, and Israel. For more information, visit
Contacts
Ken Oestreich
ken@bodo.ai