Domino Data Lab, provider of an Enterprise MLOps platform, announced it has received $100 million in a latest funding round along with expanding its partnership with NVIDIA to further integrate products and expand joint sales efforts to support customers’ efforts to build model-driven businesses.
The Series F funding round was led by Great Hill Partners and NVIDIA, along with additional participation from existing investors Coatue Management, Highland Capital Partners, and Sequoia Capital. This brings the company’s total funding to $228 million.
“Our mission is to help our customers unleash the power of data science,” said Nick Elprin, CEO and co-founder of Domino Data Lab. “We’re thrilled to have the support of Great Hill Partners and NVIDIA to accelerate our growth and innovation, which in turn will help our customers address the world’s most important challenges.”
Since 2020, Domino has offered certified Enterprise MLOps software for NVIDIA DGX systems as a charter member of the NVIDIA DGX-Ready Software program.
Building on that collaboration, Domino is working with NVIDIA to develop product functionality to expand the accelerated computing capabilities in its platform.
This includes validating the Domino platform for NVIDIA AI Enterprise so that Domino can run seamlessly on mainstream, NVIDIA-Certified Systems from OEM hardware providers. NVIDIA and Domino will bring these products to market together as part of their partnership.
“AI and data science are new workloads that demand a full-stack solution—one with tools that simplify development and deployment for customers,” said Manuvir Das, head of enterprise computing at NVIDIA. “Our partnership with Domino Data Lab reflects our commitment to Enterprise MLOps. With NVIDIA AI Enterprise integration into the Domino platform, customers will be able to easily integrate advanced AI tools into their traditional data center infrastructure.”
Domino Data Lab’s Enterprise MLOps Platform breaks down silos and increases governance to help companies generate data science breakthroughs at greater velocity and scale, free from ties to one form of infrastructure or tool.
For more information about this news, visit www.dominodatalab.com.