Qwak

Machine-learning Production Platform

Business Software
Acquired (Inactive) by JFrog on Jun 2024 - closed due to acquisition
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Company Overview

Snapshot

Founded in November 2020 by Alon Lev, Lior Penso, Yuval Fernbach, and Ran Romano, Qwak operated with 51–200 employees. The company raised $27.4 million across 3 funding rounds from 8 investors. Qwak was acquired by JFrog in June 2024.

Business overview

Qwak provides a fully managed, accessible, and reliable Machine Learning (ML) platform designed to simplify the deployment and management of high-quality ML applications in production environments. The platform addresses challenges such as data processing, version control, reproducibility, and scalability of ML models, integrating diverse tools for training, monitoring, deployment, and orchestration. Qwak's end-to-end solution handles data transformation, storage, pipelines, build, and deploy processes, enabling data science and data engineering teams to scale their models faster. The company operates within the Business Software sector, focusing on IT, R&D & Data Solutions, particularly Data Architecture, and leverages Artificial Intelligence and Machine Learning technologies to serve enterprises and software development teams.

Strategic signal

The acquisition of Qwak by JFrog in June 2024 signals a strategic move to meld MLOps and DevOps workflows, indicating a growing industry trend towards integrating machine learning operations more deeply into the broader software development lifecycle. This integration suggests that companies are increasingly looking for unified platforms that can manage both traditional software and AI/ML components, providing a more streamlined and efficient approach to deploying and maintaining intelligent applications.

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Company Intelligence Q&A

When was Qwak acquired and by whom?
Qwak was acquired by JFrog in June 2024, leading to its inactive status.
What was Qwak's total capital raised prior to acquisition?
Qwak raised a total of $27.4 million across 3 funding rounds prior to its acquisition.
Which investors participated in Qwak's March 2023 funding round?
In March 2023, Qwak received funding from Bessemer Venture Partners and StageOne Ventures.
Which investor led Qwak's February 2022 funding round?
In February 2022, Leaders Fund led a $15 million funding round for Qwak, with participation from.
Which investors participated in Qwak's Seed round in December 2020?
In December 2020, Qwak secured Seed funding from StageOne Ventures and Amiti Ventures, with StageOne Ventures leading the round.
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