What is Logical Clocks?
Founded in 2016 and headquartered in Hägersten, Sweden, Logical Clocks is the driving force behind Hopsworks, recognized as the world's first Enterprise Feature Store for Machine Learning. With operational hubs in Stockholm, London, and Palo Alto, the company is dedicated to democratizing machine learning accessibility for businesses globally. Logical Clocks provides essential tools that empower data scientists and engineers to efficiently manage features and streamline the development and deployment of models into production environments. The company's focus on providing a unified platform for the entire ML lifecycle positions it as a key player in the rapidly evolving AI landscape.
How much funding has Logical Clocks raised?
Logical Clocks has raised a total of $6.9M across 2 funding rounds:
Angel/Seed
$1M
Series A
$5.9M
Angel/Seed (2018): $1M with participation from Inventure
Series A (2021): $5.9M led by Industrifonden and Inventure
Key Investors in Logical Clocks
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science. The fund focuses on areas such as deep tech, life sciences, and transformative tech, partnering with passionate founders to bring their ideas to life.
Inventure
Inventure is a venture capital firm that invests in early-stage technology companies, focusing on disruptive innovations and scalable business models. The firm actively supports its portfolio companies with strategic guidance and operational expertise to foster significant growth and market leadership.
What's next for Logical Clocks?
The recent major strategic investment signifies a pivotal moment for Logical Clocks, likely enabling accelerated product development, expansion into new markets, and enhanced customer support. This capital infusion is expected to fuel the company's growth trajectory as it continues to refine its Enterprise Feature Store capabilities. Logical Clocks is poised to further solidify its position by scaling its operations and deepening its technological innovation in the AI and machine learning feature management space, aiming to capture a larger share of the enterprise AI market.
See full Logical Clocks company page
