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About OpenTeams
Industries
Consulting
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$3M
Headquarters
Austin, Texas
Founded
2019
Overview
OpenTeams provides support and services for open source technologies, specializing in over 680 different tools. Their offerings include strategy and consulting, custom development, integration, migration, and round-the-clock support. They cater to a variety of industries, including Machine Learning Operations, Cloud Optimization, Data Science, and High-Performance Systems. OpenTeams differentiates itself by focusing on tailored solutions that address specific client needs, ensuring effective use of open source technologies. The company's goal is to empower clients to create high-quality software with reliable open source support.
Simplify's Take
What believers are saying
- Growing demand for open source support services boosts OpenTeams' market potential.
- Interest in AI and machine learning increases demand for OpenTeams' specialized tools.
- Digital transformation trends enhance investment in OpenTeams' data science expertise.
What critics are saying
- Increased competition may dilute OpenTeams' market share.
- Rapid AI evolution may outpace OpenTeams' support capabilities.
- Economic downturns could impact OpenTeams' financing and client contracts.
What makes OpenTeams unique
- OpenTeams specializes in over 680 open source technologies, offering diverse services.
- The company connects open source contributors with organizations for funding opportunities.
- OpenTeams provides 24/7 support through a network of Open Source Architects.
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Funding
Total Funding
$3M
Meets
Industry Average
Funded Over
3 Rounds
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↑ 0%OpenTeams, Inc. leveraged Dynolog - an open source daemon for CPU and GPU telemetry to collect PyTorch Profiler.
To meet the growing demands of AI training at scale, last year OpenTeams, Inc. introduced Fully Sharded Data Parallel (FSDP) in PyTorch/XLA.
OpenTeams has filed a notice of an exempt offering of securities to raise $4,000,000.00 in New Debt Financing. OpenTeams has filed a notice of an exempt offering of securities to raise $4,000,000.00 in New Debt Financing.According to filings with the U.S. Securities and Exchange Commission, OpenTeams is raising $4,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Travis Oliphant played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About OpenTeamsOpenTeams is the first services marketplace where open source software users can find, vet, and contract with service providers. Open source software requires support that 80% of companies cannot provide for themselves and there is no easy way for them to find providers. OpenTeams’ skills assessment process and client feedback help users to vet prospective providers
ArrayFire Users Group is also excited to announce that its consulting and training services team is expanding its offering in partnership with OpenTeams, a leading provider of technology and talent to support companies backed by innovative open-source communities like ours.
OpenTeams announced the availability of its new Open Source Software Support Service.
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About OpenTeams
Industries
Consulting
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$3M
Headquarters
Austin, Texas
Founded
2019
There are no jobs for OpenTeams right now.
Find jobs on Simplify and start your career today