Mage Reveals $6.3 Million Seed Round
October 20, 2021

Mage raised a $6.3 million seed round led by Gradient Ventures, Google's AI-focused venture fund, with additional participation from firms such as Neo and Designer Fund and angel investors like Unity CEO John Riccitiello, Behance founder Scott Belsky, Lenny's Newsletter author Lenny Rachitsky and James Beshara.

Mage is a low-code tool that is built for product developers, making it easy for product teams to build, train, and integrate AI into their apps, even if they've never worked with AI in the past.

Co-founders Tommy Dang and Xiaoyou Wang worked at Airbnb together where they built an internal low-code tool and collaborated with many product developers across teams. They determined that product developers know what AI is, what it can do, and how it can improve a users' experience but didn't have access to the right tools to implement their ideas.

"There are many tools available for building AI models and large companies internally create their own, but those tools are built for data scientists, AI researchers, or ML engineers. It's time for product developers to leverage the power of AI within their team or broader organization. Many developers at smaller companies have an urgency to use AI but lack the resources and tools. Just like Stripe made it easy for any developer to integrate payments into their apps, Mage makes it easy for any developer to build and integrate AI into their apps," said Tommy Dang, Co-Founder and CEO of Mage.

Mage's simple, collaborative, and intuitive design allows product developers to import and transform data from anywhere; train, enhance, and deploy models in minutes, instead of months, without relying on data scientists. While Mage's tool can serve many use-cases, the team is currently focused on optimizing customer product engagement and revenue growth. Current customers are already leveraging Mage's platform to boost customer retention, reduce app usage churn, or optimize upsell opportunities.

"When we met the founders of Mage, it was clear their experience developing the internal AI platform for Airbnb's product team would be broadly applicable to all companies. These tools are tough to build, but the team's experience serving one of the most demanding product teams in Silicon Valley will prove to be a strong competitive advantage for Mage's current and future products." said Darian Shirazi, General Partner at Gradient Ventures.

Still in beta with plans to launch in early 2022, Mage is focused on serving small to medium-sized companies. The startup is actively hiring for a variety of roles in product design and engineering and plans to use the new capital to build easy-to-use AI tools that enable product teams to train a new model or leverage an existing one without AI experience.

Share this

Industry News

December 02, 2021

Mirantis announced DevOpsCare, powered by Lens, a vendor-agnostic, fully-managed CI/CD (continuous integration/continuous deployment) product for any Kubernetes environment, offering developers higher levels of productivity more quickly.

December 02, 2021

The D2iQ Kubernetes Platform (DKP) is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services, Inc. (AWS).

December 01, 2021

Bugcrowd announced the availability of Bugcrowd's cybersecurity solutions on the AWS Marketplace, providing customers with easy access, simplified billing, quick deployment, and streamlined license management.

December 01, 2021

Kublr received Microsoft Azure Arc-enabled Kubernetes validation, including for Azure Arc-enabled Kubernetes for Data Services.

December 01, 2021

CloudSphere achieved Amazon Web Services (AWS) Migration and Modernization Competency for discovering, planning, and helping enterprise customers move business services to AWS to reduce cost, increase agility and improve security.

November 30, 2021

JFrog introduced a new container registry and package manager for running JFrog Artifactory with Kubernetes clusters on-premises, in the cloud, or both.

November 30, 2021

Docker announced the availability of Docker Official Images directly from Amazon Web Services (AWS).

November 30, 2021

Weaveworks announced the general availability of Weave GitOps Enterprise, a GitOps platform that automates continuous application delivery and Kubernetes operations at any scale.

November 30, 2021

Amazon Web Services announced AWS Mainframe Modernization, a new service that makes it faster and easier for customers to migrate mainframe and legacy workloads to the cloud, and enjoy the superior agility, elasticity, and cost savings of AWS.

November 29, 2021

Quali announced the newest release of Torque Enterprise, which includes enhanced integration with Terraform, new custom tagging capabilities, and improved cost visibility dashboards, unleashing an entirely new level of self-service access to application environments on demand.

November 29, 2021

Vertical Relevance (VR), a financial services-focused consulting firm, achieved Amazon Web Services (AWS) DevOps Competency status.

November 18, 2021

Loft Labs announced the launch of Loft version 2 with a focus on ease of use that overcomes the major complaint that Kubernetes is complex and hard to set up.

November 18, 2021

Perforce Software announced new functionality to speed remediation of discovered defects in automated scans.

November 18, 2021

Lacework raised $1.3 billion in growth funding at a valuation of $8.3 billion.

November 17, 2021

Parasoft announced the 2021.2 release of Parasoft C/C++test, the unified C and C++ development testing solution for embedded applications.