Iguazio

Herzliya, Israel Founded: 2014 • Age: 12 yrs Acquired By McKinsey
Streaming analytics platform provided for multiple industries worldwide.
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About Iguazio

Iguazio is a company based in Herzliya (Israel) founded in 2014 by Orit Nissan Messing, Yaron Segev, and Asaf Somekh was acquired by McKinsey in January 2023.. Iguazio has raised $72 million across 4 funding rounds from investors including CME Group, Verizon and McKinsey. Iguazio offers products and services including Iguazio AI Platform, MLRun, and Nuclio. Iguazio operates in a competitive market with competitors including Databricks, Sisense, DataStax, Altair and Dataiku, among others.

  • Headquarter Herzliya, Israel
  • Founders Orit Nissan Messing, Yaron Segev, Asaf Somekh
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $72 M (USD)

    in 4 rounds

  • Latest Funding Round
    $24 M (USD), Series B

    Jan 27, 2020

  • Investors
    CME Group

    & 12 more

  • Employee Count
    Employee Count
  • Acquired by
    McKinsey

    (Jan 23, 2023)

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Products & Services of Iguazio

Iguazio offers a comprehensive portfolio of products and services, including Iguazio AI Platform, MLRun, and Nuclio. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for operationalizing ML and Gen AI applications at scale

Open-source framework for managing AI pipelines and workflows

Tool for rapid development of scalable data pipelines

People of Iguazio
Headcount 50-200
Employee Profiles 26
Employee Profiles
People
Lee Reuveni
Corporate Controller
People
Yaron Haviv
Co-Founder & CTO
People
Asaf Somekh
Co-Founder & CEO
People
Orit Nissan-Messing
Co-Founder & VP, Architecture

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Funding Insights of Iguazio

Iguazio has successfully raised a total of $72M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in January 2020. 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.

  • Total Funding
  • Total Rounds 4
  • Last Round Series B — $24.0M
  • First Round

    (25 Nov 2015)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Series B - Iguazio Valuation INcapital Ventures
Mar, 2019 Amount Series B - Iguazio Valuation Samsung Venture Investment
Jul, 2017 Amount Series B - Iguazio Valuation Pitango
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Iguazio

Iguazio has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include CME Group, Verizon and McKinsey. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Venture capital investments in tech and healthtech sectors through dedicated funds.
Founded Year Domain Location
Early-stage Israeli startups are invested in by Magma Venture Partners.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Iguazio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Iguazio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Iguazio Comparisons

Employees
+
Add Comparison
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Competitors of Iguazio

Iguazio 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 Databricks, Sisense, DataStax, Altair and Dataiku, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Data, analytics, and AI capabilities are unified in a platform.
domain founded_year HQ Location
Business intelligence and data analysis solutions are provided for enterprises.
domain founded_year HQ Location
Cloud based database platform for enterprises
domain founded_year HQ Location
AI-powered data science platform enables model deployment and analytics insights.
domain founded_year HQ Location
Platform offering AI and web-based data science platform
domain founded_year HQ Location
Cloud based data streaming analytics and governance platform
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Iguazio

Frequently Asked Questions about Iguazio

When was Iguazio founded?

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

Where is Iguazio located?

Iguazio is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.

Who is the current CEO of Iguazio?

Asaf Somekh is the current CEO of Iguazio. They have also founded this company.

Is Iguazio a funded company?

Iguazio is a funded company, having raised a total of $72M across 4 funding rounds to date. The company's 1st funding round was a Series B of $33M, raised on Nov 25, 2015.

What does Iguazio do?

Provider of a streaming analytics platform for multiple industries. It allows users to capture structured and unstructured data to organize and store in the form of tables and files in a unified data platform. It enables users to clean, analyze data, and with machine learning and artificial intelligence technologies it predicts data with solutions. Its products include data platform which allows users to stream data from multiple data sources, Amazon cloud, tables and files and store in the database, unified and automated management which enables users to monitor, manage, search and share data files with different business units and provides self service operations and real time insights. It allows users to perform edge analytics which enables them to gather data from different machines to analyze and combine that with historical data in real time.

Who are the top competitors of Iguazio?

Iguazio's top competitors include Databricks, Confluent and DataStax.

What products or services does Iguazio offer?

Iguazio offers Iguazio AI Platform, MLRun, and Nuclio.

Who are Iguazio's investors?

Iguazio has 13 investors. Key investors include CME Group, Verizon, McKinsey, Kensington Capital Partners, and Samsung SDS.

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