Cake, a NYC-based provider of a managed open-source AI infrastructure platform, raised $13M in Seed funding.
The round was led by Gradient, with prior pre-seed funding and participation from Primary Venture Partners, Alumni Ventures, Friends & Family Capital, Correlation Ventures, Firestreak Ventures, and others.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Misha Herscu, Cake provides a flexible AI infrastructure platform that features a selection of pre-integrated and fully-managed open-source AI components for businesses of all sizes to deploy AI into production. Its architecture separates the platform infrastructure from open-source AI components. New technologies are incorporated as they emerge, and teams can upgrade to the latest versions or adopt new components entirely. Expert project support and pre-built templates for common use cases provide additional guidance for AI leads, data scientists, and MLOps engineers to drive projects to production.