Datawizz.AI News
4 articles
growth-positive
The Specialized Language Models company was founded by Iddo Gino, who at 17 founded RapidAPI and led it to a valuation of $1 billion before it was acquired.
Datawizz, an Israeli company specializing in Specialized Language Models (SLMs), has completed a $12.5 million seed financing round led by Human Capital, with participation from BGV and 91VC. The funding will be used to accelerate product development, expand the team, and facilitate market entry in the US and Europe. Founded by Iddo Gino, Datawizz aims to provide an alternative to large general-purpose language models by developing smaller, focused models that improve accuracy and reduce costs. The company has already acquired its first customers in the fintech, e-commerce, and SaaS sectors.
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growth-positive
אידו ג'ינו, שמכר את RapidAPI לנוקיה אחרי עזיבתו את תפקיד המנכ"ל, השיק את הסטארט-אפ Datawizz ● הסטארט-אפ גייס 12.5 מיליון דולר במטרה לשפר את הדיוק ולהפחית את עלויות השימוש ב-AI
Datawizz, a new startup founded by Ido Gino, aims to address high costs and inconsistencies in AI language models. The company has developed a platform that acts as an intermediary layer, creating smaller, focused models to improve accuracy and reduce costs. Datawizz recently completed a $12.5 million seed funding round led by Human Capital, with participation from BGV, 91VC, and investors Arie Margi and Edi Shalev. The funds will be used to expand the team, enhance technology development, and accelerate market penetration in the US and Europe. The company currently operates from San Francisco and Tel Aviv, with initial customers in fintech, e-commerce, and SaaS sectors.
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growth-positive
After being ousted from RapidAPI, former teen unicorn founder Iddo Gino returns with Datawizz, aiming to cut AI costs, challenge industry giants, and navigate the fevered Silicon Valley landscape.
Iddo Gino, the former founder of RapidAPI, has launched a new startup called Datawizz, focusing on reducing AI costs. After being ousted from RapidAPI, Gino has returned to the entrepreneurial scene with a $12.5 million seed round led by Human Capital. Datawizz aims to address the high costs associated with running large AI models by developing a small, specialized model that reduces costs and improves efficiency. The company is currently in the pilot stage, with plans to expand its workforce. Ginos experience with RapidAPI has informed his approach to building Datawizz, emphasizing efficiency and innovation in the AI space.
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growth-positive
Datomize Secures $6 Million Seed Round Funding for Enterprise Grade Synthetic Data Solution
Datomize has completed a $6 million seed funding round for the commercialization of its synthetic data solution. The funding round was led by TPY Capital and included participation from F2 Venture Capital. Datomizes synthetic data solution aims to accelerate time to market for AI/ML models and new products. It addresses the data shortage caused by data privacy laws and allows for the generation and management of synthetic data that preserves the behavioral features of the original data without violating personal privacy regulations. The solution is designed to process highly complex data structures and is scalable to handle thousands of tables with millions of records. The funding will support the companys growth and the development of its solution.
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