Trace Machina Closes $4.7 Million Seed Round, Launches Out of Stealth to Build Simulation Infrastruc
Their first product NativeLink is open source at the core and provides engineers with an advanced staging environment for futuristic technologies where safety is paramount such as self-driving cars, aviation, robotics, and other autonomous hardware systems.
SAN FRANCISCO, Aug. 22, 2024 (GLOBE NEWSWIRE) - Trace Machina, the company building simulation infrastructure for safety-critical technologies in physical-world AI, today launches out of stealth with $4.7 Million in funding. The seed round was led by Wellington Management with participation from Samsung Next, Sequoia Capital Scout Fund, Green Bay Ventures, and Verissimo Ventures. Angel investors include Clem Delangue, CEO of Hugging Face; Mitch Wainer, Co-Founder of DigitalOcean; Gert Lackriet, Director of Applied Machine Learning at Amazon; and other industry leaders from OpenAI and MongoDB.
Trace Machina consists of engineers and product leaders from Apple, Google, MongoDB, and Toyota Research Institute. The company's first product NativeLink is open source at its core and has already surpassed a thousand stars on GitHub, with contributing engineers from Tesla, General Motors (Cruise), Samsung, and X. NativeLink provides an advanced staging environment for futuristic technologies where safety is paramount and testing is critical, such as self-driving cars, aviation, robotics, and other autonomous hardware systems. The magic behind NativeLink is that it brings AI to the edge and turns local devices into supercomputers.
“We're enabling the next generation to more easily build futuristic technologies like what you read about in sci-fi novels or see in films,” said Marcus Eagan, CEO and Co-Founder of Trace Machina. “This has historically been unattainable or uneconomical due to limitations of existing infrastructure and tools. We're moving beyond machine learning solely focused on language and pattern matching to a new wave of AI that's more human-like in its ability to maneuver around obstacles and modify objects.”
Prior to founding Trace Machina, Eagan worked on MongoDB Atlas Vector Search, the company's first AI product. He's also contributed to some of the largest and most widely adopted open source projects in the world such as Lucene, Solr, and Superset. Most recently, Eagan finished a project with Nvidia that enables engineers to run Lucene on GPUs and index data 20X faster. Nathan Bruer, Chief Architect and Co-Founder of Trace Machina, worked on secret projects at Google's X and built autonomous driving software as an engineer at the Toyota Research Institute.
"NativeLink is providing critical infrastructure for the industries of tomorrow such as aerospace and autonomous mobility,” said Van Jones, Deal Lead at Wellington Access Ventures. “Over 100 companies are using NativeLink's Cloud service to significantly enhance their complex builds. They are taking advantage of simulation infrastructure that simply never existed before."
Key benefits of NativeLink include
AI at the edge: For developers building native mobile applications, NativeLink's technology is free and avoids the costs and latency associated with traditional cloud infrastructure. This unlocks cloud cost savings typically between 50 to 70% for next-generation companies who need to test their code on GPUs in order to build AI applications.
Increased productivity. NativeLink's tight feedback loop for building futuristic systems speeds up compilation, testing, simulations, and other workflows by up to 80% through efficient caching to avoid rerunning unchanged code, and parallel processing with remote execution, which together can result in reductions in expensive flakiness of tests on GPUs and other specialized hardware.
Built for scale. NativeLink's Rust-based architecture eliminates potential errors, race conditions, and stability issues at scale, improving the reliability of critical development pipelines where re-running tests on GPU causes inflated cloud costs.
Leading companies are already leveraging the power of NativeLink in production, including Menlo Security, CIQ (the founding sponsor of Rocky Linux), and Samsung who is an investor in the company. Samsung uses NativeLink to compile, test, and validate software at the operating system level for over a billion devices, with NativeLink servicing billions of requests per month.
"NativeLink has been instrumental in reducing our longest build times from days to hours and significantly improving our engineering efficiency,” said David Barr, Principal Engineer at Samsung. “Its scalable infrastructure and robust caching capabilities have been game-changers for our team – we're excited about the future possibilities with NativeLink.”
About Trace Machina
Trace Machina's mission is to enable builders to create futuristic technologies that were previously unattainable or uneconomical due to limitations of existing infrastructure and tools. The team consists of executives from Apple, Google, MongoDB, and Toyota Research Institute that are driven by a desire to build a safer future by providing simulation infrastructure. Trace Machina's tools supercharge teams working on advanced technologies like physical AI, specialized chip design, robotics, and autonomous mobility.
Contact
Adam LaGreca
Founder of 10KMedia
adam@10kmedia.co
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ea8ce1e8-f0a7-49ff-95e9-8d2bdf6cc078
- C.K. McWhorter Endows Vacheron Constantin With Prestigious McWhorter Family Trust Warrant Of Excelle
- Constellation Brands Reports First Quarter Fiscal 2025 Financial Results
- 咸阳建筑开发网:构筑梦想之城,引领建筑新风尚
- EDC养生工作室强势进入中国市场,受到主流媒体热烈关注
- 南陵绿色农业:播种希望,收获自然之美
- 引领绿色智轨未来:2024城轨展暨高峰论坛揭开城市轨道交通新画卷
- 全新法国娇兰臻彩宝石唇膏 裸感轻盈 玩转型色
- 渠道共振,齐拓华南百货新版图——2024华南百货展9月将盛大启幕
- 安奈克替尼获批上市!80%的患者实现肿瘤缩小,ROS1肺癌患者又有新选择!
- ExaGrid发布2024年第二季度业务动态新闻稿
- 聚势拓局 中粮餐饮供应链生态共创大会即将启幕
- 法拉第未来:对丁磊及华人运通关联公司提起诉讼
- 广州建康医院是正规医院吗? 正规合理收费百姓放心医院
- TVM Capital Healthcare宣布聚焦沙特阿拉伯的TVM Healthcare Afiyah Fund结束募资
- 小红帽咖啡传承维也纳文化,融合品质与诗意
- Sony大屏幕电视机采用由KANEKA可生物降解聚合物Green PlanetTM制成的泡沫模塑产品作为缓冲材料
- AKWEL: TURNOVER OF €528.8M IN THE FIRST HALF OF 2024
- 5月草长莺飞喜迎盛夏 可以消散热气的美食
- 让闺蜜先老 我要滤镜之谜的FILTERS滤镜之谜面膜究竟有何魅力
- 血站冷链无线温度传感器如何使用?才能保障血液安全。
- 晶科N型Tiger Neo组件出货突破100GW
- Pacific Healthcare Group Selects Rimini Street to Extend the Life and Value of its Highly Customized
- 院长刘凤鸣教授推动北大博雅国学院举行了慈善捐书活动!
- 贺岁短剧《过年不回家》首发范湉湉版温情预告 讲述都市男女现状引共鸣
- 汕饮糖水总部在哪里?全国范围内可开的无人自助糖水铺!
- 城运绿皮书 | “300速运”:让城与城之间,有更多可能
- CoinMetrics MEV机器人全球公测开启:探索区块链交易的新未来
- 上亿和美好礼抢占春晚“C位”,五粮液尽显大国浓香品牌风范
- Duck Creek Technologies 巩固亚太区业务,委任 Christian Erickson 担任总经理
- 先楫半导体携手芯原,打造新一代数字仪表显示及人机界面系统应用平台
推荐
- 产业数字化 为何需要一朵实体云? 改革开放前,国内供应链主要依靠指标拉动,其逻 资讯
- 周星驰新片《少林女足》在台湾省举办海选,吸引了不少素人和足球爱好者前来参加 周星驰新片《少林女足》在台湾省举办海选,吸 资讯
- 男子“机闹”后航班取消,同机旅客准备集体起诉 1月4日,一男子大闹飞机致航班取消的新闻登上 资讯
- 中国减排方案比西方更有优势 如今,人为造成的全球变暖是每个人都关注的问 资讯
- 一个“江浙沪人家的孩子已经不卷学习了”的新闻引发议论纷纷 星标★ 来源:桌子的生活观(ID:zzdshg) 没 资讯
- 抖音直播“新红人”进攻本地生活领域 不难看出,抖音本地生活正借由直播向本地生活 资讯
- 王自如被强制执行3383万 据中国执行信息公开网消息,近期,王自如新增一 资讯
- 新增供热能力3200万平方米 新疆最大热电联产项目开工 昨天(26日),新疆最大的热电联产项目—&md 资讯
- 奥运冠军刘翔更新社交账号晒出近照 时隔473天更新动态! 2月20日凌晨2点,奥运冠军刘翔更新社交账号晒 资讯
- 看新东方创始人俞敏洪如何回应董宇辉新号分流的? (来源:中国证券报) 东方甄选净利润大幅下滑 资讯