Bodo, Inc
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Bodo, Inc - overview
Established
2019
Location
San Francisco, CA, US
Primary Industry
Software
About
Bodo, Inc is a US-based software company specializing in an innovative auto-parallelizing inferential Python compiler that enhances high-performance computing tasks, optimizing data processing for analytics and artificial intelligence applications. Founded in 2019 and headquartered in San Francisco, US, Bodo, Inc focuses on providing software solutions for high-performance computing. The company was established by Behzad Nasre and Ehsan Totoni. In August 2021, Bodo raised USD 14.
000 mn in a Series A funding round, led by Dell Technologies Capital, with participation from Candou Ventures, Uncorrelated Ventures, and returning investor Fusion Fund. This funding marks the second significant deal for the company, positioning it for growth in the competitive tech landscape. Bodo. ai's core offering is its innovative auto-parallelizing inferential Python compiler, designed to optimize high-performance computing (HPC) tasks.
This compiler generates low-level parallel MPI code, facilitating seamless integration with popular Python libraries such as NumPy, SciPy, and Pandas. Bodo's technology is infrastructure-agnostic and scalable, catering to clients in sectors like technology, finance, and research institutions across North America, Europe, and Asia. Bodo. ai generates revenue through a subscription-based model targeting businesses and institutions in need of advanced data processing capabilities.
Clients access the company's flagship product, which features automatic compiler parallelization and support for major data science libraries, under annual or monthly subscriptions. This model ensures predictable revenue streams as organizations leverage Bodo's technology to enhance resource utilization and reduce compute expenses. Following the Series A funding round in August 2021, Bodo, Inc plans to accelerate growth and expand its operations. The company aims to develop new products and enhance its existing offerings, targeting expansion into new markets across North America and Europe by 2023.
The funds raised will be crucial in supporting these initiatives, allowing Bodo to strengthen its market presence and broaden its business reach.
Current Investors
Fusion Fund, Dell Technologies Capital, Candou Ventures
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Storage Management Software, Systems Management Software
Website
www.bodo.ai
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
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Bodo, Inc - employee data
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