Cnvrg.io

Full Stack Machine Learning Operating System

Business Software
Acquired by Intel on Nov, 2020

Company Overview

Snapshot

Founded in October 2016 by Yochay Ettun and Leah Forkosh Kolben, Cnvrg.io operated with 11–50 employees. The company raised $8 million across two funding rounds from four investors before being acquired by Intel in November 2020.

Business overview

Cnvrg.io provides a full-stack machine learning operating system designed to streamline every stage of a data science project. The platform assists data scientists with research, information collection, code writing, and model optimization. It serves various industries by offering solutions in Business Software, particularly within IT, R&D & Data Solutions, and targets enterprise customers with its SaaS-based productivity tools.

Strategic signal

In May 2022, Cnvrg.io, operating as an Intel company, received the AI Breakthrough Award for MLOps Platform of the Year. This recognition highlights the continued relevance and industry validation of its machine learning operations platform, signaling its ongoing impact within the AI and MLOps landscape under Intel's ownership.

Company Intelligence Q&A

When was Cnvrg.io acquired and by whom?
Cnvrg.io was acquired by Intel in November 2020. The acquisition focused on integrating Cnvrg.io's platform for managing, building, and automating machine learning workflows.
What was the total funding raised by Cnvrg.io before its acquisition?
Cnvrg.io raised a total of $8 million across two funding rounds prior to its acquisition by Intel.
What new product features did Cnvrg.io release in May 2020?
In May 2020, Cnvrg.io released new streaming endpoints with one-click deployment capabilities for real-time machine learning applications, enhancing its platform's operational efficiency.
Did Cnvrg.io launch a free version of its platform?
Yes, in March 2020, Cnvrg.io launched a free version of its data science platform to broaden accessibility and adoption.
What open-source initiative did Cnvrg.io, an Intel company, announce in February 2022?
In February 2022, Cnvrg.io, an Intel company, announced AI Blueprints, an open-source suite of developer-friendly, ready-made ML pipelines designed to accelerate machine learning development.

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