Scaleout is a Swedish startup that is revolutionizing federated machine learning. Their slogan, "Taking federated machine learning to production, use-case by use-case," encapsulates their mission. Leveraging distributed data for machine learning without the cost and risk of pooling data, they provide a software platform, Scaleout Studio, for developing privacy-preserving solutions for various applications such as computer vision, natural language processing, and anomaly detection. Founded in 2017, their platform aims to simplify secure federated learning for data scientists and scale federated machine learning in production. The recent $1.50M Seed Round investment from Almi Invest at 01 January 2023 demonstrates confidence in their innovative solution. With a focus on industries like finance, healthcare, information technology, and manufacturing, Scaleout's cloud-native platform offers scalability and customizability, running on any standard Kubernetes cluster and deployable in public or private clouds as well as on-premises hardware. Learn more at www.scaleoutsystems.com.
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