Congratulations to Wallaroo on its $25M Series A

Our portfolio company Wallaroo just announced that it has raised $25 million in Series A funding. The round was led by Microsoft’s venture fund M12, and Eniac was thrilled to participate.

CEO Vid Jain founded Wallaroo in 2017, after nine years at Merrill Lynch, followed by a startup where he tried to build analytics applications for large banks — in both roles, he saw many of the challenges faced by teams deploying machine learning models to improve business outcomes.