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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked. Highlights: JPMorgan tests software to monitor working hours...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape. Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading. Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies. Highlights: Aveni establishes the Agentic AI Council for...