Content Deep Dive
Announcing our series A funding
Blog post from Vespa
Post Details
Company
Date Published
Author
Jon Bratseth
Word Count
180
Language
English
Hacker News Points
-
Summary
Vespa.ai, a recent spin-out from Yahoo, has secured a $31 million investment from Blossom Capital to enhance its platform for big data and AI solutions. This Series A funding will enable Vespa to expand its capabilities and serve both large and small customers via its cloud solution. The partnership with Blossom Capital is considered ideal due to the firm's expertise in building global tech companies and its quick decision-making process. This investment marks a significant step for Vespa in establishing itself as an independent entity focused on advancing its technology ecosystem.