NAME OF STARTUP: MachEye
FOUNDED IN (Year): 2020
FOUNDER’S NAME: Ramesh Panuganty
THE IDEA: What is the problem being solved by your startup / business?:
MachEye’s platform uses technologies such as artificial intelligence, machine learning, natural language processing, natural language generation, and text-to-speech. MachEye’s AI technology generates audio-visual reports based on users’ data. MachEye can also generate reports based on an analysis of users’ search history on its platform.
MachEye’s platform can connect to cloud data sources such as Amazon Redshift, Microsoft’s Synapse, Google’s BigQuery, and Snowflake Computing’s CDP.
THE FOUNDER’S STORY: When and how did you come up with the idea for the business?:
MachEye was founded in 2018 by Ramesh Panuganty. Panuganty previously founded Drastin, the conversational analytics platform that was later acquired by Splunk to improve search-based analytics and intuity in Splunk.
In 2020, they launched an AI-powered platform. In October 2020, they raised $4.6 million in seed funding backed by Canaan Partners and West Wave Capital
LESSONS TO SHARE: What 3 key lessons from your startup journey you’d like to share with aspiring entrepreneurs?:
Clear Vision and Value Proposition
Agile Adaptation
Focus on Customer Validation
Why are LLMs not a good fit for analytics use-cases? As impressive as they are, leveraging LLMs in a business context with real-world data sets demands on the right application and associated guardrails. Here are the 7 major limitations. https://t.co/7GTK1rpwLi pic.twitter.com/q4mHLmFrC9
— MachEye (@MachEyeInc) July 19, 2023
HQ City: San Jose
Website URL: https://www.macheye.com/
Number of Employees: 5-25
Connect On Twitter: @MachEyeInc
