Granica is the world's first AI efficiency platform. It boosts ROI on AI by increasing the information efficiency of AI training data, freeing up resources that C-level executives and enterprise AI teams can use to reduce costs and improve AI performance and outcomes. Powered by novel compression and deduplication algorithms, its byte-granular inline data reduction of petabyte-scale sensor, image and text AI training data runs transparently in the background, losslessly reducing AI data costs by up to 80%. Granica also provides privacy preservation for PII and other sensitive information, unlocking valuable data for safe use in downstream AI workflows. Granica's AI efficiency services are easily consumed as an API by developers building applications that access AI data in public cloud object storage platforms such as Amazon S3 and Google Cloud Storage.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
06/08/23 | $45,000,000 | Venture |
Bain Capital Ventures Deepak Ahuja Frederic Kerrest Kevin Hartz New Enterprise Associates Okta Ventures | undisclosed |