Bitfusion

Austin, United States Founded: 2014 • Age: 12 yrs Acquired By VMware
Provider of a cloud-based platform to test and optimize AI and ML models
Annual revenue - Latest available
Total funding $9.2M 4 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Bitfusion

Bitfusion is a company based in Austin (United States) founded in 2014 was acquired by VMware in July 2019. Bitfusion has raised $9.21 million across 4 funding rounds from investors including VMware, Samsung SDS and Vanedge Capital. Bitfusion operates in a competitive market with competitors including Abacus.AI, Distributional, Kolena, DeePhi Tech and Openlayer, among others.

  • Headquarter Austin, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9.21 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
    VMware

    & 9 more

  • Employee Count
    Not available
  • Acquired by
    VMware

    (Jul 18, 2019)

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People of Bitfusion

Headcount 10000+
Employee Profiles 483
Board Members and Advisors 8
Employee Profiles
People
Junghwan Kim
Country Manager
People
Zaheer Kasad
Sr Product Line Manager
People
Mariangela di Serio
Sales Enablement Lead Commercial EMEA
People
Usama Zaghloul
R&d Manager: FBAR Group

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Board Members and Advisors
people
Kian Low
Director
people
Justine F. Page
Director
people
Harry L. You
Director
people
Henry Samueli
Chairman

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Funding Insights of Bitfusion

Bitfusion has successfully raised a total of $9.21M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bitfusion

Bitfusion has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include VMware, Samsung SDS and Vanedge Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital is invested in US and Canadian companies.
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Venture capital firm focused on multiple sectors
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Investor details for Bitfusion

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Bitfusion

Investments
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Investment portfolio details for Bitfusion

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Bitfusion

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Detailed financials for Bitfusion

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  • Profit trends
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Bitfusion Comparisons

Bitfusion Primary company
Description
Provider of a cloud-based platform to test and optimize AI a...
Location
Austin, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Bitfusion

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Competitors of Bitfusion

Bitfusion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Abacus.AI, Distributional, Kolena, DeePhi Tech and Openlayer, among others.

Company Name Domain Founded year HQ Location Description
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Provides AI based data models creation for data science
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AI technologies are tested and evaluated via a dedicated platform.
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ML model testing platform for NLP, LLMs, computer vision, and structured data
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Deep learning technologies for AI neural network optimization are developed.
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AI evaluation and observability platform is provided for enterprise applications.
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An ML optimization platform for edge AI applications is provided.
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Detailed competitors of Bitfusion

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Latest news on Bitfusion

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Complete news archive for Bitfusion

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Bitfusion

Bitfusion was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Bitfusion is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Bitfusion is a funded company, having raised a total of $9.21M across 4 funding rounds to date.

Bitfusion was founded in 2014 in Austin, United States, as a provider in the AI and machine learning sector. A cloud-based platform is offered for managing the lifecycle of AI applications, including development, training, testing, and deployment. A unified dashboard is utilized with integrated tools to support various frameworks. Multiple deployment options are available, alongside a software stack that features deep learning frameworks, data science libraries, and GPU resources.

Bitfusion's top competitors include Abacus.AI, Distributional and Openlayer.

Bitfusion has 10 investors. Key investors include VMware, Samsung SDS, Vanedge Capital, Sierra Ventures, and DCVC.

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