Draft:Hopsworks
Submission declined on 21 March 2025 by SafariScribe (talk).
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| Submission declined on 20 March 2025 by Significa liberdade (talk). This submission appears to be taken from https://www.hopsworks.ai/news. Wikipedia cannot accept material copied from elsewhere, unless it explicitly and verifiably has been released to the world under a suitably free and compatible copyright license or into the public domain and is written in an acceptable tone—this includes material that you own the copyright to. You should attribute the content of a draft to outside sources, using citations, but copying and pasting or closely paraphrasing sources is not acceptable. The entire draft should be written using your own words and structure. Declined by Significa liberdade 54 days ago.
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Hopsworks previously known as Logical Clocks..[1] is a platform as a service company headquartered in Stockholm, Sweden involved in the sale of products related to data warehousing and analytics, specifically in the verticals of Big Data [2], Artificial Intelligence[1] and Machine learning at scale[3], Founded on March 17, 2016 [2] the company currently employs around 42 people [4] . Hopsworks is credited for being the world’s first Enterprise and open-source Feature Store for AI [5]. The company's CEO is Jim Patrick Dowling [2] is also an associate professor at KTH Royal Institute of Technology [6]. Lars Nordwall who previously served as the Chief Operating Officer and President of Field Operations at Neo4j is the current Executive Chairman at Hopsworks [7].
History
[edit]Hopsworks was officially founded in May 2016 by researchers from the KTH Royal Institute of Technology and University and the Research Institutes of Sweden (RiSE) [3].
Milestones
[edit]In 2017, Hopsworks won the IEEE Scale prize in 2017 for the most scalable data processing platform [8].
In 2019, Hopsworks won the European Datascience Technology Innovation.[8]
Products
[edit]Hopsworks offers two product tiers a cloud based version which deploys a distributed system [10] and an on-premises version via on-site servers [11].
Funding
[edit]In June 2021, the sum of €5 million was received by the company during the seed investment round and was led by Industrifonden [12] .
In June 2023, the sum of $6.5 million led by Vendeep funding to expand its commercial operations and footprint in the USA was also received [13][14] [15]
In November 2024, the company participated in a matchmaking event in Singapore to raise more money for its expansion[16]
Community Initiatives
[edit]In 2021, Hopsworks organised its first annual feature store summit, a conference that allows companies to discuss data management solutions, use cases and advancement in AI systems [17].
Collaborations
[edit]In July 2024, Hopsworks began embedding NVIDIA NIM inference microservices into its products [18].
In August 2024, Hopsworks announced a partnership with OVHcloud, a European based cloud provider to make AI development and deployment more affordable and compliant with the EU Artificial Intelligence Act[19].
Operations
[edit]The company operates offices in Stockholm, London and Silicon Valley [20].
References
[edit]- ^ a b "Hopsworks 2025 Company Profile: Valuation, Funding & Investors | PitchBook". pitchbook.com. Retrieved 2025-03-19.
- ^ a b c "Vem äger Logical Clocks? | Eivora". www.eivora.com. Retrieved 2025-03-19.
- ^ a b "Compare Hopsworks Feature Store for Machine Learning". mlops.community. Retrieved 2025-03-19.
- ^ "Hopsworks Employee Directory, Headcount & Staff | LeadIQ". leadiq.com. Retrieved 2025-03-19.
- ^ Hopsworks (2023-06-29). "Hopsworks reports record growth and raises $6.5M". GlobeNewswire News Room (Press release). Retrieved 2025-03-19.
- ^ "KTH | Jim Dowling". www.kth.se. Archived from the original on 2024-12-13. Retrieved 2025-03-19.
- ^ "Lars Nordwall Profile: Contact Information & Network | PitchBook". pitchbook.com. Retrieved 2025-03-19.
- ^ a b "Seif Haridi". people.kth.se. Retrieved 2025-03-19.
- ^ "Logical Clocks Joins European Initiative to Bring AI to 5G Networks with Hopsworks Feature Store". BigDATAwire. Retrieved 2025-03-19.
- ^ "Hopsworks Enterprise". www.hopsworks.ai. Retrieved 2025-03-19.
- ^ "Feature Store On-Premises - Hopsworks". www.hopsworks.ai. Retrieved 2025-03-19.
- ^ "Industrifonden leads a €5 M investment in Logical Clocks". Industrifonden. 2021-07-14. Retrieved 2025-03-19.
- ^ "Irish-led AI firm Hopsworks raises $6.5m for US expansion". Irish Independent. 2023-07-05. Retrieved 2025-03-19.
- ^ Novac, Dragos. "Hopsworks announced a $6.5 million investment round led by Vendep with participation from Inventure and Industrifonden". Nordic 9. Retrieved 2025-03-19.
- ^ "Hopsworks brews up €5.9M funding round to fuel US market penetration". www.techarenan.news (in Swedish). 2023-08-17. Retrieved 2025-03-19.
- ^ Bellon, Maite (2024-11-08). "First Successful Matchmaking in Singapore | Ignite Sweden – Innovation is crucial". Ignite Sweden. Retrieved 2025-03-19.
- ^ "Feature Store for ML - Feature Store Summit Videos". www.featurestore.org. Retrieved 2025-03-19.
- ^ "Hopsworks AI Lakehouse embeds NVIDIA NIM for LLMs, helping customers boost generative AI initiatives - Hopsworks". www.hopsworks.ai. Retrieved 2025-03-19.
- ^ "Hopsworks forms Partnership with OVHcloud to drive Affordable, Sustainable, and Compliant AI Development - Hopsworks". www.hopsworks.ai. Retrieved 2025-03-19.
- ^ "Hopsworks.ai Launched by Logical Clocks". BigDATAwire. Retrieved 2025-03-19.
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