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Tecton: Raises $35M in Series B Funding | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Tecton: Raises $35M in Series B Funding

  • Tecton, a San Francisco, CA-based enterprise feature store company, raised $35M in Series B funding
  • The round co-led by Andreessen Horowitz and Sequoia, bringing the total raised to $60m
  • The company also intends to use the funds to accelerate product innovation and go-to-market activities
  • Led by Mike Del Balso, co-founder and CEO, Tecton provides a cloud-native feature store that manages the complete lifecycle of ML features
  • It allows ML teams to build features that combine batch, streaming, and real-time data
  • The company orchestrates feature transformations to continuously transform new data into fresh feature values

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