YData provides a development platform called YData Fabric for automated data profiling and synthetic data. It leverages deep learning techniques to learn the statistical information from actual data and mimic it on new data sets without transforming the original data or copying its actual records. The platform also uses divergence metrics, correlation measures, and non-parametric tests to improve data quality and data utility, while ensuring the synthetic data is compliant with privacy regulations, such as the GDPR. Through the platform, developers can also read, clean, understand, and benchmark different datasets used for building ML models.
Key customers and partnerships
The company serves customers in the financial services, telecommunications, utilities, healthcare and pharma, and retail sectors. Notable customers include Intel, Tesla, Telefonica, NVIDIA, Open Future, Revolut, and EDP.
Funding and financials
In October 2021, the company raised USD 2.7 million in a seed funding round led by Flying Fish Partners. The funds were utilized to accelerate the development of AI solutions and expand its presence in Europe and the US.
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