– USA, CA – Pinecone Systems Inc., a machine learning cloud infrastructure company, left stealth today with $10m in seed funding led by Wing Venture Capital.
Concurrent with the financing, Peter Wagner, Founding Partner at Wing Venture Capital, will be joining the board of Directors.
“The modern Enterprise is built on data and powered by AI. The Data Cloud has emerged as its foundation with the ascendance of Snowflake. Pinecone is poised to unleash data teams and their ML-based applications in a similar fashion,” said Peter Wagner, Founding Partner, Wing Venture Capital.
Built by the team behind Amazon SageMaker and founded by scientist and former AWS Director Edo Liberty, Pinecone makes large-scale real-time inference as simple as querying a database. It is available for self-onboarding today.
The Pinecone team knows how to build production-grade ML systems. Pinecone’s founder and CEO, Edo Liberty, ran Yahoo’s Scalable Machine Learning Platforms group and later Amazon AI Labs which included a team-building Amazon SageMaker. Engineering is led by Amir Sadoughi, a senior AWS engineer and leader who spearheaded the creation of Amazon SageMaker.
About Pinecone
Pinecone has built the first serverless vector database to enable the next generation of artificial intelligence applications in the cloud. Its engineers built ML platforms at AWS, Facebook, Yahoo, and Google and its scientists published more than 100 academic papers and patents on machine learning, data science, systems, and algorithms. Pinecone is backed by Wing Venture Capital and operates in Silicon Valley, New York, and Tel Aviv.
For more information: https://www.pinecone.io/
About Wing Venture Capital
Wing works with ambitious founders to enable the Modern Enterprise, which is an agile workplace built on data and powered by AI. We invest early, before it’s obvious, leading Seed and Series A financings and engaging deeply with our signature company-building skills and resources. The body of work of Wing’s award-winning team spans more than two decades and dozens of successful early-stage companies, 22 of which have gone on to achieve billion-dollar-plus outcomes following IPOs or acquisitions. The current Wing portfolio includes some of today’s most important enterprise technology companies such as Snowflake, Cohesity, and Gong.
For more information: https://www.wing.vc/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
