MIT CSAIL grad launches machine learning platform with $10M Series A – IAM Network

Manasi Vartak, founder and CEO of Verta, conceived of the idea of the open source project ModelDB database as a way to track versions of machine models while she was still in grad school at MIT. After she graduated, she decided to expand on that vision to build a product that could not only track model versions, but provide a way to operationalize them and Verta was born. Today, that company emerged from stealth with a $10 million Series A led by Intel Capital with participation from General Catalyst, who also led the company's $1.7 million seed round. Beyond providing a place to track model versioning, which ModelDB gave users, Vartak wanted to build a platform for data scientists to deploy those models into production, which has been difficult to do for many companies. She also wanted to make sure that once in production, they were still accurately reflecting the current data and not working with yesterday's playbook.