Bloomberg Beta took part in a series B round enabling machine learning tool developer Weights and Biases increase its overall funding to $65m.
Weights and Biases, a US-based developer of machine learning (ML) analysis technology, has secured $45m in a series B round featuring Bloomberg Beta, the big data-focused investment firm sponsored by media group Bloomberg.
Venture capital firm Insight Partners led the round, which also featured investment management firm Coatue, VC firm Trinity Ventures and Tom Preston-Werner, founder of software development platform GitHub.
Founded in 2018, Weights and Biases provides development tools for ML research teams to a customer base of some…