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Recently Funded|Amount: USD 54.4M|Industry: Software Development

Open-Source AI Platform MindsDB Secures $54M in Seed Funding for Customized Enterprise Solutions

MindsDB

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11-50 employees employees (Est.)
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MindsDB, the open-source orchestration platform revolutionizing the way enterprises connect AI with their data, is thrilled to announce a successful funding round of $54 million. Founded in 2017 by innovators Jorge Torres and Adam Carrigan, the San Francisco-based startup has positioned itself as a leader in the sphere of AI customization. With a growing library of nearly 200 integrations that link AI models with diverse data sources, MindsDB empowers developers to build tailored AI solutions that meet the unique needs of their organizations—faster and more securely than ever before. This latest round of funding, backed by prominent investors including Benchmark, Mayfield, Nvidia’s NVentures, and YCombinator, brings MindsDB's total funding to over $50 million. The purpose of this funding is clear: to accelerate the enhancement of their platform, expand their integration capabilities, and further innovate on AI systems that learn and improve in real-time, leveraging companies’ own data. As businesses increasingly recognize the necessity of customized AI solutions, MindsDB stands out by helping enterprises not only adopt artificial intelligence but also optimize it for maximum impact. This capital infusion positions MindsDB to continue driving the future of AI integration in enterprises, unlocking new potential for businesses to leverage their data for strategic advantage. The company's dedication to transformation through AI exemplifies their commitment to helping every organization thrive in the digital era.
August 1, 2024

Buying Signals & Intent

Our AI suggests MindsDB may be interested in solutions related to:

  • AI solutions
  • Data integration services
  • Enterprise AI systems
  • Consultation services
  • Cloud solutions

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