In today's world, where the wave of digitalization sweeps across the globe, artificial intelligence is like a tempting yet untamable beast. For small and medium-sized enterprises lacking large technical teams, this "beast" can often seem intimidating.
This is the purpose of Cake's creation. This New York-based startup is using a groundbreaking platform to help small and medium-sized businesses harness the power of AI with ease. With a recent funding round of $13 million (including $10 million in seed funding led by Google Gradient Ventures), Cake is redefining the way enterprise-level AI tools are utilized.
The company's two founders are considered "ace" players in the field of AI infrastructure. CEO Misha Haskins previously founded and successfully sold an AI company focused on radiology machine learning, while CTO Skyler Thomas has held prominent engineering and chief architect roles at HP Enterprise and IBM. In 2022, after conducting over 200 user interviews, Cake was born.
Cake's innovation lies not in reinventing the wheel, but in cleverly bundling existing open-source AI components into a secure, plug-and-play system. This platform acts like a sophisticated puzzle, enabling businesses to easily build their own AI tech stack. Early customer feedback has been exciting: implementation costs can be reduced by 80%, and deployment timelines shortened by 6 to 9 months. Currently, the platform has integrated over 100 AI components.
The platform's design is textbook-level in terms of flexibility and security. Businesses can run the system on their own cloud infrastructure, making the platform particularly suitable for highly regulated industries like healthcare and finance. Even better, the system automatically handles security updates and component upgrades, ensuring that existing deployments are not disrupted.
For Cake, which plans to undergo a new round of funding in mid-2025, its growth momentum reflects strong market confidence. The company has already expanded its client base in the healthcare, insurance, and financial services sectors.
In the wave of AI technology democratization, Cake is building a bridge for small and medium-sized enterprises towards a digital future. Through the power of technology, it is eliminating the barriers that prevent businesses from embracing AI. This is not just a technology platform; it is a passport for small and medium-sized enterprises to step into the intelligent era.
