Kumo.AI Secures $37 Million in Funding to Democratize AI on the Modern Data Stack

Kumo.AI is thrilled to announce that we have successfully raised $37 million in our latest funding round, positioning us to further cement our status as one of the TOP 50 AI companies globally, as recognized by Forbes. Our company is steadfastly committed to democratizing AI within the modern data stack, and this funding will significantly enhance our capabilities in this arena. At Kumo.AI, we are excited to showcase our latest initiative, spearheaded by the talented team behind PyG (PyG.org), who are developing a turn-key solution for leveraging AI within expansive data warehouses. This funding will allow us to accelerate the integration of machine learning models seamlessly into cloud data infrastructures, thus simplifying the complexity of training and deploying these advanced algorithms. With over 40,000 monthly downloads and nearly 13,000 stars on GitHub, PyG has emerged as the premier platform for training and developing Graph Neural Network (GNN) architectures. GNNs represent one of the most promising areas of machine learning today, capable of revolutionizing how we approach complex data sets by adapting to different shapes and modalities. With this infusion of capital, we aim to enhance our infrastructure, broaden our outreach, and continue pushing the boundaries of what’s possible in the intersection of AI and modern data. We believe that this significant funding will be instrumental in our mission to empower organizations to harness the full potential of their data through intuitive AI solutions. The future is bright, and we invite you to join us on this exciting journey to reshape the AI landscape.