Announcing Baseten’s $150M Series D

Baseten has announced a $150 million Series D funding round led by BOND, with new board member Jay Simons, and participation from Conviction, CapitalG, and other investors, marking a significant step in its journey to advance AI infrastructure. The company, which began focusing on AI over 15 years ago, has developed a powerful infrastructure for model inference, offering fast, flexible, and reliable runtimes that surpass competitors by 40-50% in performance. Baseten's platform supports both open and closed AI models, providing developers with control over costs and operational transparency while ensuring high reliability. As AI becomes integral to various industries, Baseten positions itself as a crucial infrastructure partner for companies like Abridge and Sourcegraph, enabling them to deliver superior AI-driven applications. The newfound capital will enable Baseten to further its mission of embedding AI into everyday life and expand its team to support future developments.