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Petuum, Inc. - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Petuum, Inc. including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Petuum, Inc. company logo

Petuum, Inc. is building a revolutionary platform that democratizes and accelerates the deployment of AI and ML solutions in various industries.

HeadquartersPittsburgh, United States
Team size51-100
Founded2016

What is Petuum, Inc.? - Company Overview & Details

Petuum, Inc. is Petuum, Inc. is building a revolutionary platform that democratizes and accelerates the deployment of AI and ML solutions in various industries. Founded in 2016, the company is headquartered in Pittsburgh, United States.

Who Founded Petuum, Inc.?

Petuum, Inc. was founded by Eric Xing.

Who are the Key Executives at Petuum, Inc.? - Leadership Team

Petuum, Inc. is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Petuum, Inc.

Eric XingCEO

Chief Technology Officer (CTO) of Petuum, Inc.

CTO

About Eric Xing - CEO of Petuum, Inc.

Eric Xing serves as the Chief Executive Officer of Petuum, Inc., leading the company's strategic vision and operations.

Petuum, Inc. Company Details & Key Information

Where is Petuum, Inc. located?

Petuum, Inc. is headquartered in Pittsburgh, United States.

How many employees does Petuum, Inc. have?

Petuum, Inc. has 51-100 employees.

When was Petuum, Inc. founded?

Petuum, Inc. was founded in 2016.

Petuum, Inc. Official Website

How much funding has Petuum, Inc. raised?

Petuum, Inc. has raised $108 Million across 2 funding rounds. The most recent funding was completed on 2017-10-10.

Funding Overview

Petuum has raised a total of $108 million over two rounds of funding, enabling it to support enterprises in building AI solutions.

$108 Million
Total Funding Raised
2
Funding Rounds
2017-10-10
Latest Round

Petuum, Inc. Funding History

Series A
2016-11-15
$15 Million
Series B
2017-10-10
$93 Million

Who are the key investors in Petuum, Inc.?

Petuum, Inc. is backed by 5 key investors including SoftBank, Advantech Capital, Tencent Holdings. These investors focus on Technology, Artificial Intelligence, Machine Learning sectors.

Petuum, Inc. Investor Overview

5
Key Investors
8
Focus Areas
0
Notable Investments

Complete List of Petuum, Inc. Investors

SoftBank

A major investment firm focused on technology.

Investment Focus
Technology
Artificial Intelligence
Machine Learning

Advantech Capital

Investment firm focusing on innovation-driven growth capital.

Investment Focus
Technology
Healthcare
E-Services

Tencent Holdings

Multi-faceted technology conglomerate.

Investment Focus
Technology
Internet Services

Oriza Ventures

Venture capital fund investing in early-stage technology companies.

Investment Focus
Technology
Innovation

Northern Light Venture Capital

Venture capital firm targeting early-stage opportunities.

Investment Focus
Advanced Technology
Healthcare

What sectors do Petuum, Inc. investors focus on?

The investors backing Petuum, Inc. primarily focus on Technology, Artificial Intelligence, Machine Learning, Healthcare, E-Services, Internet Services, Innovation, Advanced Technology sectors.

Technology
Artificial Intelligence
Machine Learning
Healthcare
E-Services
Internet Services
Innovation
Advanced Technology

Featured Investor: SoftBank

SoftBank

A major investment firm focused on technology.

Notable Investments:

What are Petuum, Inc.'s future plans?

Petuum, Inc. Expand its operational capabilities and partnerships to enable greater access to AI technologies.

Petuum, Inc. Strategic Outlook

Strategic Focus
Defined
3
Key Challenges
3
Growth Opportunities

What challenges does Petuum, Inc. face?

Petuum, Inc. has identified 3 key challenges that need to be addressed for continued growth and success.

Key Challenges for Petuum, Inc.

1

Market competition

2

Technological advancement

3

Client acquisition

What opportunities does Petuum, Inc. have?

Petuum, Inc. has identified 3 key opportunities for growth and market expansion.

Growth Opportunities for Petuum, Inc.

1

Growing demand for AI solutions

2

Expansion into new markets

3

Strategic partnerships

Petuum, Inc. Strategic Position Summary

Key Focus Areas

Petuum, Inc. is addressing 3 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 3 key opportunities for expansion and growth.

What are the latest news about Petuum, Inc.?

Petuum, Inc. has 2 recent news updates covering key business developments and market activities.

Petuum, Inc. News Overview

2
Recent Articles
Active
Media Coverage
2023-12-12
Latest Update

What is Petuum, Inc. in the news for?

Petuum, Inc. is currently featured in news for Petuum launches LLM360. and other significant business developments.

Recent News Articles About Petuum, Inc.

Article 1
2023-12-12

Petuum launches LLM360.

AI supercomputer company Cerebras Systems, AI company Petuum, and Mohamed bin Zayed University of Artificial Intelligence launched LLM360, a framework for creating open-source large language models.

analyticsindiamag.com
Read News
Article 2
2022-06-06

Petuum launched limited release of the composable platform on May 6th '22.

Petuum announced a limited release of the composable platform for select private beta partners.

prnewswire.com
Read News

Petuum, Inc. FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Petuum, Inc. including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Petuum, Inc. Questions & Answers - Company Information

Q1

What is Petuum, Inc.?

Petuum, Inc. is building a revolutionary platform that democratizes and accelerates the deployment of AI and ML solutions in various industries.

Q2

Who founded Petuum, Inc.?

Petuum, Inc. was founded by Eric Xing.

Q3

Who is the CEO of Petuum, Inc.?

The CEO of Petuum, Inc. is Eric Xing.

Q4

How much funding has Petuum, Inc. raised?

Petuum, Inc. has raised a total of $$108 Million across 2 funding rounds. The most recent funding was completed on 2017-10-10.

Q5

Who are the investors in Petuum, Inc.?

Petuum, Inc.'s key investors include SoftBank, Advantech Capital, Tencent Holdings, Oriza Ventures, Northern Light Venture Capital.

Q6

Where is Petuum, Inc. headquartered?

Petuum, Inc. is headquartered in Pittsburgh, United States.

Q7

When was Petuum, Inc. founded?

Petuum, Inc. was founded in 2016.

Q8

How many employees does Petuum, Inc. have?

Petuum, Inc. has 51-100 employees.

Q9

What is Petuum, Inc.'s official website?

You can visit Petuum, Inc.'s official website at https://petuum.com/.

Q10

What was Petuum, Inc.'s latest funding round?

Petuum, Inc.'s latest funding round was a Series A round of $$15 Million completed on 2016-11-15.

Q11

Who is founder?

Eric Xing

Q12

What does the company do?

Petuum develops an AI and machine learning platform that simplifies the deployment of AI solutions across various industries.

Q13

How much funding?

$108 Million

Q14

Latest funding date?

2017-10-10

Q15

Who are the investors?

SoftBank Advantech Capital Tencent Holdings Oriza Ventures Northern Light Venture Capital

Q16

What are the challenges?

Market competition Technological advancement Client acquisition

Q17

What are the opportunities?

Growing demand for AI solutions Expansion into new markets Strategic partnerships

Q18

Latest news?

AI supercomputer company Cerebras Systems, AI company Petuum, and Mohamed bin Zayed University of Artificial Intelligence launched LLM360, a framework for creating open-source large language models. Petuum announced a limited release of the composable platform for select private beta partners.

More Information About Petuum, Inc.

For additional details about Petuum, Inc., including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.