Start-up company Oxdata launched the H2O open source machine learning project, which is currently receiving a new round of $8.9 million in financing. Oxdata's flagship product, called "H2O", is a core data analysis platform.
There are also other open source companies in the field, such as Chef, MongoDB, and Redis Lab. The H2O team is currently working with related companies to accumulate a user community for H2O projects.
“In the last third and fourth quarters, the open source movement helped our products achieve phenomenal distribution,†said SriSaTIsh AmbaTI, co-founder and CEO of the H2O project. In the field of machine learning, or more sophisticated deep learning, there are other open source tools that attract developers' attention, such as Skymind's open source deep learning project Deeplearning4j; and PredicTIonIO; and the Apache Mahout machine learning open source project. The project was supported by Hadoop distribution providers Cloudera, Hortonworks, and MapR.
Through application programming interfaces (APIs), developers in startups can integrate machine learning services into their own app applications; these include AlchemyAPI, Skytree, and Wise.io. However, AmbaTI tends to interface directly through the API, so H2O develops its own API. Since it is now a free open source project, the project makes money through support and maintenance services.
Not only that, H2O can be well integrated with the data scientist's workflow. Of course, these scientists need to be familiar with the R programming language, because H2O is partly written in the R programming language and partly in Java and Python. of. Users can deploy the H2O R program installation package, and then run H2O in the R language environment. Why is it only partially developed in R? The main reason is that Ambati is dissatisfied with the performance of the R language.
Currently, H2O has 20 product customers, including Cisco, eBay, Nielsen, and PayPal. Ash Bhardwaj, Michael Marks of Riverwood Capital, and Rakesh Mathur led the round of financing.
Nexus Venture Partners, Transamerica Ventures, and Jishnu Bhattacharjee also participated in the current round of financing. As of now, H2O has raised $13.6 million. In addition, the project was established in 2011 in Mountain View, California.
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