Industry : SW (Machine Learning PaaS)
Investment Year : 2017
Investment Type : Early Stage (Series A)
“Make AI Accessible” : Reducing the complexity and difficulty of Machine Learning prototyping, learning and services and eliminating unnecessary efforts such as building large-scale servers, allocating and maintaining computing resources
Lablup is a Machine Learning tech-based company founded by POSTECH and KAIST engineers and its mission is to solve speed imbalance between modern scientific research and application fields, by proposing new paradigms for computing-based research via cloud computing and AI technologies. In November 2017, Lablup officially released its first product ‘Backend.AI’ which is a sophisticated PaaS that simplifies, unifies and accelerates processes which enable users to train ML models and execute code on cloud or on-premises with ease.
Stonebridge Ventures invested in Lablup at the early stage of the company with Kakao Venutres(Previously, K-Cube Ventures) and actively supported Lablup by bridging networks with other startup companies and recommending professional workforce.