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

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations. Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds. Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services. Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market. Highlights: Kulipa raises $62M to enhance its...