Announcing Our New Funding Round Led by Balderton Capital
Blog post from deepset
We are thrilled to announce that deepset has raised $30 million in fresh funding led by Balderton Capital, with existing investors GV (Google Ventures), Harpoon, System.One, and Lunar participating in the round, as large language models continue to proliferate and vector search is taking off. Our LLM platform, deepset Cloud, is a model-agnostic developer platform for AI teams looking to build customized, flexible, yet robust systems powered by the latest language models. With SOC 2-certification and full data ownership, deepset Cloud allows organizations to unlock the value of LLMs, get to market faster, and gain a competitive advantage over their peers. The new funding will enable us to further develop our offering for customers around the globe, refining deepset Cloud for RAG applications and optimizing it for virtual private cloud setups, while also improving LLM observability. With this investment, we're poised to consolidate our status as the leading LLM platform.
| Trend | Post Mentions | Total Month Mentions | Posts | Companies | MoM |
|---|---|---|---|---|---|
| LLM | 10 | 3,077 | 361 | 126 | +59% |
| RAG | 3 | 267 | 69 | 29 | +85% |
| Vector Search | 3 | 1,841 | 251 | 82 | +59% |
| Observability | 2 | 1,452 | 265 | 96 | -4% |
| Voice AI | 1 | 263 | 42 | 16 | +95% |
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