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

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions. Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals. Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...

Revolut $200B Valuation: What It Means for Fintech Investors

The Revolut $200B valuation has captured the attention of fintech investors worldwide. This massive figure highlights Revolut's explosive...