SigOpt is a San Francisco-based company with a cloud-based platform which utilizes algorithms for model insights in various industries such as insurance, financial, trading, and consumer packaged goods. It can also be used in academia for hyperparameter tuning and is used by schools such as the Massachusetts Institute of Technology, the University of California, Berkeley, Pacific Northwest National Laboratory and Standford.
The company's product is available via online platform or application programming interface and can be used for model development and performance. The models can be tracked, organized, analyzed, and reproduced using the SigOpt software. The features include an optimization engine, enterprise platform, and experiment insights. It can be integrated into existing software and automate optimization.
SigOpt's software can be used for tasks such as formulating trading techniques, improving fraud detection, and advancing a company's artificial intelligence technology.
In-Q-Tel invests in SigOpt to help U.S. intelligence agencies optimize AI
Blair Hanley Frank, ISG
February 12, 2018