Nexosis, established in 2015 and formerly headquartered in Boston, Massachusetts, offered a comprehensive machine learning API primarily targeted at developers looking to seamlessly integrate machine learning capabilities into their applications. The company carved its niche by focusing on accessibility and efficiency in application development through a simple API.
In 2018, Nexosis was acquired by DataRobot, a notable player in automated machine learning platforms. This acquisition reflected the strategic alignment between Nexosis' developer-centric API focus and DataRobot's mission to democratize predictive model deployment.
In its early stages, Nexosis captured investor attention with a $5.06M Seed Round investment in November 2016 from notable investors such as Matchstick Ventures, Techstars, iNovia Capital, Revel Partners, eValue Ventures, and Techstars Ventures. This funding round underscored the confidence in Nexosis' innovative approach to the API and Machine Learning sectors.
