“It’s just really a key part of our culture,” he said. Mendels said that diversity and inclusion are a key part of the company’s value system. Today, the company has 50 employees in nine different countries on four continents with plans to reach 100 by next year. “When we see that rare combination of an exceptional founding team that can be the core of a large and enduring market opportunity that is large enough to support them and then transition in that market, either because it’s the creation of a new market or technological dislocation that allows a new entrant to create and capture the value in that market going forward, we step up and we step up big,” Craven explained. Mackey Craven, partner at lead investor OpenView, said that he was attracted to Comet because he sees it as a startup building a viable product for an emerging market with a big opportunity. He said that the approach has been working: The company’s annual recurring revenue (ARR) grew 5x this year, and Comet now counts 150 businesses using the platform, including Uber, Zappos and Etsy. “Comet is a platform that empowers data scientists and machine learning engineers to accelerate machine learning development, and the way we do that is by managing and optimizing the entire machine learning lifecycle, so all the way from experiment tracking to model production monitoring,” Mendels told me. Company co-founder and CEO Gideon Mendels said that the product works on any platform from a laptop to the cloud to an on-prem cluster.
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January 2023
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