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Machine learning data pipeline outfit Splice Machine files for insolvency

(2021/08/26)


California-based [1]ML data pipeline company Splice Machine has begun insolvency proceedings, according to a statement on its website.

The startup – which counted bank Wells Fargo, retailer Kroger, and optical networking company Infinera among its customers – specialised in building a database for feature engineering which it hoped would ease machine learning data pipelines.

Based around Jupyter Notebooks, the product suite featured a native Spark data source, an "enhanced" version of MLflow, and its own [2]relational database . It said its technology would improve the efficiency of machine learning lifecycles.

[3]

The outfit's HQ is a few blocks away from San Francisco's Oakland Bay Bridge

But a notice on its website dated 28 July said that Splice Machine had entered insolvency proceedings under California state law. "Splice is not currently operating the technology and services platform. Meanwhile, [Limited liability company] is in the process of selling the Splice related assets," [4]it says .

[5]Nuisance call-blocking firm fined £170,000 for making almost 200,000 nuisance calls

[6]Financial watchdog says Google's clampdown on scam ads might not be enough to prevent stricter laws in Britain

[7]Brit IT firms wound up by court order after fooling folk into paying for 'support' over fake computer errors

[8]UK Court of Appeal rules Tiny Computers' legal remains can sue Micron and Infineon over 2002 DRAM price-fixing cartel

More documents are available [9]here .

As recently as May, the company was releasing new products. It said Livewire Pulsar, an open-source operational AI platform for IoT had been upgraded to a Kubernetes architecture, to reduce costs, as well as adding new AI features for increased productivity.

[10]

The new edition enables Apache Spark to scale up or down as needed with new min/max parameters for executors in both online analytical processing (OLAP) database operations and notebooks for ML, it said.

[11]

In January, it launched the Splice Machine Feature Store to "help more companies operationalize machine learning by reducing the complexity of feature engineering."

According to [12]Crunchbase the firm has raised a total of $47.5M in funding over five rounds, including a [13]$9m round in 2016 . Its latest funding was raised in early 2019 in a series B round.

[14]

The company has been contacted for further comment. ®

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[1] https://www.theregister.com/2014/05/14/splice_machine_sql_on_hadoop/

[2] https://db-engines.com/de/system/Splice+Machine

[3] https://regmedia.co.uk/2021/08/26/shutterstock_oakland_bay_bridge.jpg

[4] https://splicemachine.com/company/contact-us/

[5] https://www.theregister.com/2021/08/02/ico_nuisance_call_ycsl/

[6] https://www.theregister.com/2021/06/30/google_fca_fraud/

[7] https://www.theregister.com/2021/06/15/high_court_winds_up_it_scam_companies/

[8] https://www.theregister.com/2021/04/27/tiny_computers_micron_infineon_dram_lawsuit/

[9] https://www.proofofclaims.com/splice/documents

[10] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2YSgPG3wwlKkJBIhczPav7QAAAE8&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0

[11] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YSgPG3wwlKkJBIhczPav7QAAAE8&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0

[12] https://www.crunchbase.com/organization/splice-machine/company_financials

[13] https://www.theregister.com/2016/01/22/splice_machine_9m_funding_round/

[14] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YSgPG3wwlKkJBIhczPav7QAAAE8&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0

[15] https://whitepapers.theregister.com/



???

vtcodger

I've read the article several times and I have not the slightest idea what Splice Machine does/did other than generate buzzword laden press releases and lose their investor's money -- perhaps as much as $56.5M of it. Would anyone care to enlighten me as to what an innovative "machine learning data pipeline" might be and what, if anything, it might possibly be good for?

Weinberg, as a young grocery clerk, advised the grocery manager to get
rid of rutabagas which nobody ever bought. He did so. "Well, kid, that
was a great idea," said the manager. Then he paused and asked the killer
question, "NOW what's the least popular vegetable?"

Law: Once you eliminate your #1 problem, #2 gets a promotion.
-- Gerald Weinberg, "The Secrets of Consulting"