202426 Mar

Activeloop Raises $11M Series A Round

Summary

MOUNTAIN VIEW, CA, Activeloop, the leading Database for AI company, has raised $11 million in Series A funding. Activeloops Deep Lake seamlessly connects unstructured data-audio, video, images, text, and embeddings-to machine learning models, offering advanced storage and accurate retrieval for machine learning. Deep Lake is a Database for AI powered by a unique storage format optimized for deep-learning and Large Language Model (LLM) based applications. It simplifies the deployment of enterprise-grade LLM-based products by offering storage for all data types (embeddings, audio, text, videos, images, pdfs, annotations, etc. Deep Lake is used by Intel, Bayer Radiology, Matterport, Hercules.ai, Red Cross, Yale, & Oxford.

Source: Vcnewsdaily

Funding

$11M
Amount
Mar 26 2024
Date
-
Investor
Activeloop
Company

Classifications

Companies