MindsDB Raises $25M in Funding

MindsDB

MindsDB, a San Francisco, CA-based provider of a platform enabling developers to ship AI powered projects, raised additional $25m in financing.

The round, which brought total seed capital raised to $41.5m and total funds raised to $50m, was led by Mayfield, with participation from TQ Ventures and existing investor Benchmark Capital. 

The company intends to use the funds to continue to nurture its community, expand its AI-Logic product capabilities, and support its base of customers.

Led by Jorge Torres, Co-founder and CEO, MindsDB is a Cloud for Serving Artificial Intelligence Logic, enabling organizations to ship AI-powered applications from prototyping & experimentation to production in a fast & scalable way. Developers can connect virtually any data source, from databases like Postgres, MongoDB, and Snowflake to applications like Salesforce and Gmail, with the latest AI innovations, such as OpenAI, Hugging Face or LangChain. 

MindsDB’s platform is available in both open source and managed-cloud versions. 

FinSMEs

01/06/2023