Iguazio

Machine-learning Operations Platform

Business Software
Acquired (Inactive) by McKinsey & Company on Jan 2023 - ceased to operate

Company Overview

Snapshot

Founded in December 2014 by Asaf Somekh, Yaron Haviv, Yaron Segev, and Orit Nissan-Messing, Iguazio operated with 51–200 employees. The company raised a total of $72 million across 4 funding rounds from 11 investors. In January 2023, Iguazio was acquired by McKinsey & Company.

Business overview

Iguazio provides a Machine Learning Operations (MLOps) platform designed to help enterprises build, deploy, and manage ML/AI and generative AI applications at scale. Its core technology automates, simplifies, and accelerates every stage of the AI pipeline, offering capabilities for implementing guardrails and de-risking generative AI applications. The platform supports various open-source and commercial LLMs and AI/ML models, enabling real-time serving and deployment in multi-cloud, on-premise, and hybrid environments. Iguazio serves industries such as financial services, manufacturing, and smart mobility, helping clients create 'AI factories' for rapid, repeatable, and modular AI service rollout.

Strategic signal

In January 2023, Iguazio was acquired by McKinsey & Company, integrating its MLOps platform into QuantumBlack, McKinsey’s AI arm. This acquisition signals a strategic move by McKinsey to enhance its AI capabilities and offer clients a more robust solution for developing and deploying AI and generative AI applications, reflecting the growing importance of operationalizing AI within enterprise consulting.

Company Intelligence Q&A

What is Iguazio's primary business?
Iguazio provides a Machine Learning Operations (MLOps) platform that enables enterprises to build, deploy, and manage ML/AI and generative AI applications efficiently at scale.
When was Iguazio founded and by whom?
Iguazio was founded in December 2014 by Asaf Somekh, Yaron Haviv, Yaron Segev, and Orit Nissan-Messing.
What was a significant corporate milestone for Iguazio?
In January 2023, Iguazio was acquired by McKinsey & Company, and its operations ceased as it became part of QuantumBlack, McKinsey’s AI arm.
Which investors participated in Iguazio's January 2020 funding round?
In January 2020, Iguazio received funding from INcapital Ventures and Verizon Ventures Israel.
What is Iguazio's total disclosed capital raised?
Iguazio raised a total of $72 million across 4 funding rounds.

External links