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SigOpt

SigOpt

SigOpt is a computer software company with an optimization platform for research. It was founded in 2014 and is located in San Francisco, California.

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.

Product

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.

Timeline

August 2016
SigOpt raises a $6,600,000 series A round from Andreessen Horowitz, Blumberg Capital, DCVC, SV Angel and Stanford University.
June 2015
SigOpt raises a $2,000,000 seed round from Andreessen Horowitz, DCVC and SGH Capital.
December 2014
SigOpt raises a $120,000 seed round from Y Combinator.
2014
SigOpt was founded by Patrick Hayes and Scott Clark.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
SigOpt Series A round, August 2016
6,600,000
August 2016
3 Results
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People

Name
Role
LinkedIn

Scott Clark

CEO

Further reading

Title
Author
Link
Type
Date

In-Q-Tel invests in SigOpt to help U.S. intelligence agencies optimize AI

Blair Hanley Frank, ISG

Web

February 12, 2018

Documentaries, videos and podcasts

Title
Date
Link

Two Sigma & SigOpt Summary of Discussion on Modeling Best Practices

March 16, 2019

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Ingrid Lunden
November 4, 2020
TechCrunch
Intel continues to snap up startups to build out its machine learning and AI operations. In the latest move, TechCrunch has learned that the chip giant has acquired Cnvrg.io, an Israeli company that has built and operates a platform for data scientists to build and run machine learning models, which can be used to train [...]

References

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