New York, NY – According to filings with the U.S. Securities and Exchange Commission, Devron is raising $13,814,999.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Kartik Chopra played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Devron
At Devron run machine learning on distributed data for faster insights and better outcomes without the cost, concentration risk, long lead times, and privacy concerns of centralizing data. The efficacy of machine learning algorithms is frequently limited by the accessibility of diverse, quality data sources. By unlocking access to more data and providing transparency of dataset model impacts, you get more effective insight. Our innovative data science solution leverages federated machine learning to access more of your data where it resides. By increasing the volume of data, you reduce the time to value and increase model generalizability while preserving the privacy of data sources and methods. Devron seamlessly integrates inside your cloud data lakes, warehouses and data processors to enable decentralized machine learning. Our Python SDK provides developer ergonomics to integrate with all your favorite tools.

To learn more about Devron, visit http://www.devron.ai/

Contact:
Kartik Chopra, Chief Executive Officer
732-823-8627
kartik@devron.ai

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