Iguazio provides a serverless platform based on its open-source Nuclio framework that helps users to develop, deploy, and manage real-time AI applications without requiring them to manually manage underlying infrastructures such as servers and storage. The platform creates real-time intelligence for applications located at the edge, public cloud, and on-premise data centers and reduces bandwidth constraints by consolidating data into a repository and making it available for applications as required. The platform can ingest and transform data from any source, which is then used to train, evaluate, deploy, and monitor models in production.
The company leverages Big Data and ML software such as Apache Spark, TensorFlow, and Kubernetes to manage software containers that enable applications to run across different computing environments.
Key customers and partnerships
Iguazio serves customers in the financial services, telecommunications, smart mobility, manufacturing, retail, AdTech, gaming, healthcare, energy, and utilities sectors. Notable customers include Samsung, Microsoft, NVIDIA, AWS, Google, and Intel.
Funding and financials
In January 2020, the company raised USD 24 million in a funding round led by INCapital Ventures. The funds were utilized to accelerate its growth, expand its reach into new global markets, grow sales, and facilitate new sales channels that include companies such as Dell Technologies
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