LlamaIndex, a San Francisco, CA-based provider of a data framework for Large Language Models (LLMs), raised $8.5M in Seed funding.
The round was led by Greylock with participation from Jack Altman, Lenny Rachitsky, Mathilde Collin (CEO of Front), Raquel Urtasun (CEO of Waabi), Joey Gonzalez (Berkeley), among others.
The company intends to use the funds to build an enterprise offering on top of the popular open source project with the same name.
Led by CEO Jerry Liu, LlamaIndex provides an open source toolkit that can be used with any LLM. It works to handle a wide variety of data sources, from structured to semi-structured to unstructured text or even image data, and includes data import, data indexing, and a query engine layer on top. Its enterprise solution, which will be available later this year, will be built on the basis of the popular open source project. The solution will help enterprises eliminate technical and security barriers to data usage and will provide a range of services from scalable/reliable data source connectors to security features such as access control and user management.
FinSMEs
06/06/2023