The round was led by Glasswing Ventures and Tola Capital. FeatureByte is a SaaS solution built specifically for data scientists to simplify the creation, serving, managing, and monitoring of machine learning features. The funding will be used to scale R&D and go-to-market operations.

FeatureByte's data-centric AI solution radically simplifies feature engineering and feature management for data scientists, enabling organizations to achieve AI scale. FeatureByte solves the problems of various silos of work that can occur in domain knowledge, data science, and data engineering.