Algorithmia, a marketplace for algorithms, has raised $2.4 million in a seed funding led by Madrona Venture Group with participation from Rakuten Ventures, Deep Fork Capital, Oren Etzioni and Charles Fitzgerald.
Algorithmia is building a platform to give algorithm developers in academia and elsewhere a way to share their work, for free or at a charge.
Founded in 2013 in Seattle, Washington, Algorithmia will use the latest funding to hire additional engineers and open the service into public beta sometime this fall.
Jarrett Neil Ridlinghafer
Founder & CEO/CTO
Synapse Synergy Group, Inc.