a commercial product<\/a>, Deepchecks Hub, that it began testing earlier this year.<\/p>\nCEO Philip Tannor and CTO Shir Chorev spent time in the Israeli military where they worked on machine learning. Chorev said they learned firsthand about the power and limitations of the technology, and that\u2019s why they decided to start a company to work on quality-checking models.<\/p>\n
\u201cSo both Philip and I were both in positions of leading AI research and bringing models to production. And we both saw the huge value potential that the algorithms in AI in general have, but alongside that we also noticed that they do face some quite significant challenges, specifically being able to actually do what they\u2019re supposed to be doing and doing it properly,\u201d Chorev told TechCrunch.<\/p>\n
She says it\u2019s hard to know what\u2019s going on inside these models without tools like Deepchecks, which help data scientists make sure the data they are using are not biased, misinformed or based on corrupt input data \u2013 and generally performing well over time.<\/p>\n
She and Tannor, being practitioners, realized that what was lacking was a tool to help continuously check these models throughout the process to test and validate different aspects of the model like the data\u2019s integrity. So like any good entrepreneurs, they built the tool they wanted and open sourced it. More recently they also built a commercial version of the product, one that provides standard enterprise features like strong security and authentication.<\/p>\n
\u201cWe brought quite a lot of understanding and hands-on experience in the field and also knowing the problem and what we would have wanted,\u201d she said. Those experiences were relevant and helpful as they built the company. The company reports the open source product has been downloaded over 500,000 times and is being used by the likes of AWS, Booking.com and Wix, as well as regulated companies they can\u2019t name publicly.<\/p>\n
The company launched in 2020 and took about a year and a half to launch the first version of the open source tool.<\/p>\n
Chorev recognizes that she is a relative rarity as a female co-founder, but she says she has always been interested in fields dominated by males and that has only driven her throughout her career. \u201cPersonally, I do feel that from a young age that this wasn\u2019t something that was going to stop me. Instead, it\u2019s like okay, it\u2019s harder, so I\u2019m gonna push and get it,\u201d she said.<\/p>\n
\u201cI mean, it\u2019s a challenging route, any way you choose it, but I do try to be accessible to help others to encourage people, whether they\u2019re females or males, to take this path if that\u2019s what they want.\u201d<\/p>\n
Today, the company has about 15 employees with plans to grow that number by 25-30% this year. She is concerned about building a diverse workforce, even while recognizing it can be a challenge for a young company. \u201cIt is a big challenge and we do put the effort in order to encourage diversity now, and also going forward as we grow,\u201d she said.<\/p>\n
Today\u2019s funding round is really the combination of two tranches of money, a $4.4 million pre-seed round when they launched and $9.5 million, which closed at the end of last year. The investment was led by Alpha Wave Ventures with participation from Hetz Ventures and Grove Ventures.<\/p>\n<\/p><\/div>\n
<\/br><\/br><\/br><\/p>\n
Science, Tech, Technology<\/br>
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\nSource:https:\/\/techcrunch.com\/2023\/06\/15\/deepchecks-snags-14m-seed-to-continuously-validate-ml-models\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"Source:https:\/\/techcrunch.com\/2023\/06\/15\/deepchecks-snags-14m-seed-to-continuously-validate-ml-models\/ Deepchecks snags $14M seed to continuously validate ML models 2023-06-15 22:06:32 As companies increasingly rely on machine learning models, it\u2019s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come […]<\/p>\n","protected":false},"author":1,"featured_media":35209,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-35208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\n
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