Fixie raises $17M to help developers build large language models into their apps

Funding Rounds

Summary

Its use has become extremely popular of late with the emergence of chatbots such as ChatGPT from OpenAI LP, which has been integrated into Microsoft Corp.s products such as its search engine Bing.Fixie provides a cloud-based platform that allows developers to build, host and scale up AI agents that can integrate directly into their applications using any tools, data sources and application programming interfaces available. The vision of the company is to provide them with everything they need to use any LLM they choose.Fixie represents a foundational shift in building software, using LLMs as a computational engine, Chief Executive Matt Welsh said in a blog post. With Fixie, you wrap an existing data source or API in a little bit of code that hooks it up to a large language model of your choice. The platform handles all the underlying LLM interactions and all details for developers, such as user identity, authentication, session management, storage and configuration.Theres a wide variety of use cases for Fixie, such as for customer support, business automation, business intelligence, content generation and customer relationship management automation. Welsh said the new funding would allow the company to build out the team and expand the reach of the platform.Existing LLMs are incredibly powerful and are only going to get more advanced, but the true magic comes from combining them with internal data and systems to dramatically improve the way businesses operate, said Erica Brescia, a managing director at Redpoint.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors RedTape Ventures Lead investors
Company - Funded company

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$1M to $5M