Collaborative AI tool startup Mage secured $6.3 Million in Seed funding


Mage, a California based collaborative AI tool for product developers, has now secured $6.3 million in a seed funding round.

Mage was founded by Tommy Dang and Xiaoyou Wang. It is a low code tool built for product developers, which makes it easy for product teams to build, integrate and train into their applications. Its design allows product developers to import and transform data from anywhere; train, deploy, and enhance models quickly, without relying on data scientists.

Executive Opinion

Tommy Dang, the co-founder and CEO of Mage, said, "There are many tools available for building AI models and large companies internally create their own, but those tools are built for data scientists, AI researchers, or ML engineers. It's time for product developers to leverage the power of AI within their team or broader organization. Many developers at smaller companies have an urgency to use AI but lack the resources and tools. Just like Stripe made it easy for any developer to integrate payments into their apps, Mage makes it easy for any developer to build and integrate AI into their apps"

Mage's Latest Funding

The round was backed by the Gradient Ventures, Google AI-focused Venture Fund. Other participating investors include Designer and Neo Fund angel investors such as Unity CEO John Riccitiello, Behance founder Scott Belsky, Lenny’s Newsletter author Lenny Rachitsky and James Beshara.

The AI startup, as of now, has plans to use the new funds to build AI tools that enable product teams to train a new model or leverage an existing one without AI experience.
PC: Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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