Qwak Mlops Platform Doubles Valuation With $12m Bessemer Funding

Qwak, an end-to-end MLOps platform, announced a new investment from Bessemer Venture Partners. The $12 million financing, at double the valuation from the company’s last funding round, follows a year of growth and represents Bessemer’s first meaningful investment in the growing area of MLOps and machine learning infrastructure. Existing investors also participated in the round. Qwak has experienced 10x year-on-year growth, signing dozens of customers that use the platform in production.