Chat with us, powered by LiveChat
  • About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “[email protected]”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    Sunstone Credit secures $20 million in Series A funding round

    Sunstone Credit secures $20 million in Series A funding round

    New-York based Impel secures $104 million in growth funding

    New-York based Impel secures $104 million in growth funding

    Metagenomi bags an extra $100 million before closing its Series B

    Metagenomi bags an extra $100 million before closing its Series B

    Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

    Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Interview
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      Sunstone Credit secures $20 million in Series A funding round

      Sunstone Credit secures $20 million in Series A funding round

      New-York based Impel secures $104 million in growth funding

      New-York based Impel secures $104 million in growth funding

      Metagenomi bags an extra $100 million before closing its Series B

      Metagenomi bags an extra $100 million before closing its Series B

      Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

      Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result
      Home topics Analytics

      Synthetic Data Generator Tonic.ai bags $35 Million to Improve Future Platform Development

       1,000 total views,  2 views today

      USTechTimes Editor by USTechTimes Editor
      September 30, 2021
      Synthetic Data Generator Tonic.ai bags $35 Million to Improve Future Platform Development

      Tonic.ai has now raised a total of $45 million to date, according to Crunchbase data.

      Share on FacebookShare on Twitter

      Tonic.ai, a company that mimics production data with fake data that can be used for quality assurance and testing by engineers who are building software, raised $35 million in series B financing led by Insight Partners with participation from GGV Capital, Bloomberg Beta, William Smith from Octave, Heavybit, and Silicon Valley CISO Investments.

      Creating a meaningful test set can be time-consuming and challenging. Tonic.ai helps engineers create synthetic data sets that will use the funds to improve developer relations and support future platform development, focusing on implementing machine learning and AI to synthesize test datasets, according to CEO Ian Coe.

      Coe said that the company’s goal is to provide production-like data for developers that keep governance and compliance folks inside an organization happy.

      “Tonic is a data transformation company that leverages synthetic data, differential privacy and distributed computing. We de-identify sensitive data while preserving all the value of that data so that developers can use it for building and testing software,” added Coe.

      Founded in 2018 and with offices in San Francisco and Atlanta, Tonic has around 40 employees. As they push to hire more people with this new influx of capital, they hope to reach at least a 100 in 2022.

      The synthetic data market is growing at a rapid clip. According to one analysis, out of the 58 largest startups in the space, 45 percent were created in the last two years. In 2020, venture capital firms injected at least $78 million into these startups, a 78 percent increase from 2019 — boosting the segment to over $210 million in value.

      Tonic’s platform leverages AI to preserve ratios, relationships, and dependencies within specific data. It applies differential privacy during data transformations to muffle the impact of outliers and provide mathematical guarantees of confidentiality.

      What’s your thoughts?
      +1
      0
      Upvote
      +1
      0
      Clap
      +1
      0
      Clap
      +1
      0
      On fire
      +1
      0
      Meh
      +1
      0
      Clap
      +1
      0
      Facebook Twitter Email

      Related Posts

      • Cherre
        Real Estate Data Platform Cherre Raises $16m in Series A

        Cherre, the New York-based real estate data and analytics platform, has raised $16 million in…

      • Snowflake
        Cloud Data Platform Snowflake Raises $479m at $12.4bn Valuation

        Snowflake, a California-based cloud data platform, announced raising $479 million in funding that gives the…

      • Securiti.ai
        Securiti.ai Raises $50M to Modernize Data Governance

        San Jose, California-based startup Securiti.ai has announced raising US$50 million in Series B financing led…

      Tags: AIData Analyticsfunding
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      Tredence secures $175 million in its Series B led by Advent International
      Artificial Intelligence

      Tredence secures $175 million in its Series B led by Advent International

      December 30, 2022
      Drone startup Exyn Technologies bags $35 million from Reliance
      Artificial Intelligence

      Drone startup Exyn Technologies bags $35 million from Reliance

      December 29, 2022
      mySkin FAIN_UV_5
      Artificial Intelligence

      Chowis’ AI Skin Diagnosis Solution “mySkin F.A.I.N” receives CES 2023 Innovation Award

      December 6, 2022
      Smart Radar System
      Artificial Intelligence

      Smart Radar System’s World’s first mmWave plug-and-play safety monitoring solution gets named in ‘CES 2023 Innovation Award’

      November 30, 2022
      DeepBrain AI
      AR/VR

      DeepBrain AI Named as CES 2023 Innovation Awards Honoree for the second consecutive year

      November 17, 2022
      CHOWIS Product line
      Artificial Intelligence

      Korean AI Beauty Tech Product Company CHOWIS takes a Global Leap 

      September 29, 2022
      No Result
      View All Result

      Follow Us

      FREE NEWSLETTER

       

      PRODUCTS

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      Tags

      Artificial Intelligence investment funding US startup Health Technology Healthtech Fintech Robotics AI Software
      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2023 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital

      © 2023 ustechtimes.com