Hewlett Packard Enterprise has invested in TruEra through its venture capital programme, Hewlett Packard Pathfinder, according to the Redwood City, California-based company. The 25M USD Series B round TruEra launched in March is now extended as a result.
For managing model performance and explainability, TruEra offers a set of AI quality management tools. The tool, named TruEra Monitoring, searches for AI quality measures such as bias, model stability over time, and which features are generating problems. It is built on the company’s AI Quality Platform.
Menlo Ventures, Greylock Partners, and Wing Venture Capital, among other investors, have contributed more than 45 million to TruEra. Anupam Datta and Shayak Sen, co-founders of TruEra, conducted academic research at Carnegie Mellon University that served as the basis for the company’s technology.