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Tecton

Category: AI Infrastructure

Tecton is a feature platform for machine learning that helps organizations build, deploy, and manage production-ready ML features for real-time decisioning. Tecton was founded in 2019. The company is led by Mike Del Balso. Based in San Francisco, United States. Team size: 101-250. Total funding raised: ~$160M total (all rounds). Latest round: Series C ($100M, Jul 2022 led by Kleiner Perkins). Key investors include Kleiner Perkins, Andreessen Horowitz, Sequoia Capital, Bain Capital Ventures, Databricks, Snowflake Ventures.

Founded
2019
Headquarters
San Francisco, United States
Team size
101-250
Total funding
~$160M total (all rounds)

Value proposition

Tecton's main value proposition is to accelerate the development and deployment of machine learning applications by providing a centralized platform for managing the entire lifecycle of ML features. It enables teams to build, share, and serve features for both training and inference, ensuring consistency and reducing redundant work.

Products and solutions

Tecton Feature Platform for Machine Learning, Feature Store for Real-Time ML

Unique value

Tecton's uniqueness stems from its founding team, who created Uber's Michelangelo ML platform, giving them deep expertise in operationalizing ML at scale. They provide an enterprise-grade, end-to-end feature platform that manages the entire feature lifecycle, from development to production, rather than just a simple feature store.

Target customer

Organizations with mature ML teams, ranging from growth-stage startups to Fortune 500 enterprises, that are working on high-value applications like fraud detection, recommendation systems, and real-time decisioning.

Industries served

Technology, Financial Services, E-commerce, Retail, Gaming

Technology advantage

Tecton's key technological advantage is its ability to provide a robust, scalable, and reliable data infrastructure for ML, which is often the biggest bottleneck in deploying ML models. Their platform is built to handle real-time data and serve features with low latency, which is critical for many ML applications. The acquisition by Databricks provides a significant business advantage, integrating Tecton's capabilities into a larger data and AI platform.

How they differentiate

Tecton differentiates by providing a managed, enterprise-focused feature platform specifically for real-time and operational machine learning. It was founded by the creators of Uber's Michelangelo ML platform, emphasizing its scalability and reliability for production environments. Its key focus is on automating the entire lifecycle of ML features, from transformation to online serving, with low latency.

Main competitors

Amazon SageMaker Feature Store, Google Cloud Vertex AI Feature Store, Databricks Feature Store, Hopsworks

Key partnerships

Databricks (Parent Company), Google Cloud, Amazon Web Services (AWS), Snowflake, ModelBit

Notable customers

Cash App, HelloFresh, Atlassian, Tide, Penn Interactive

Major milestones

Founded in 2019 by the creators of Uber's Michelangelo ML platform., Emerged from stealth in 2020 with $25M in funding ($5M seed, $20M Series A)., Announced a $35M Series B funding round and the General Availability of its platform., Raised a $100M Series C round in July 2022, which included strategic investments from Databricks and Snowflake., In 2024, reports emerged about a potential acquisition by Databricks.

Growth metrics

As of July 2022, Tecton reported that its customer base increased more than 5-fold over the previous 12 months and that its revenue growth accelerated to over 180% in the fiscal quarter that ended April 2022.

Market positioning

Tecton is positioned as a best-of-breed solution in the MLOps stack, specializing in the feature store category. It targets mid-to-large enterprises with mature data science teams that need to deploy and manage ML models in production for business-critical, real-time use cases like fraud detection, recommendations, and dynamic pricing.

Geographic focus

Primarily North America and Europe, with a global customer base.

Patents and IP

No publicly available information on patents specifically for Tecton.ai.

About Mike Del Balso

Co-creator of Uber's Michelangelo ML platform, Product Manager for Machine Learning at Google.

Official website: