Coxwave Raises $3.5M in Funding

align

Coxwave, a Seoul, South Korea and San Francisco, CA-based provider of an analytics infrastructure empowering builders to create AI-native products, raised $3.5M in funding.

Backers included KB Investment, Danal, and Seoul Techno Holdings.

The company intends to use the funds to expand its AI R&D efforts and broaden its global footprint.

Led by CEO Gijung Kim, Coxwave has been in the GenAI space since 2021 and has already sold two AI-native tools: hama and Enterpix—both acquired by Sandoll. Align AI, its latest solution, is a tool that empowers product teams and developers to easily monitor and analyze conversational data generated from LLM-powered conversational products that they are building. It supports real-time live data ingestion with a pre-built software development kit (SDK) as well as access to LLM toolkits, Langchain and LlamaIndex. Align allows businesses to translate user interactions into insights for product improvement. It is already powering the analytics stack for several notable companies including Wrtn, Metabuddy, Collectiv AI, and more.

Commenti on the news, Gijung Kim said: “We empower developers of LLM products and services to enhance their AI solutions by providing them with a platform for turning their conversational data into actionable user and product insights, thus creating hyper-personalized customer experiences. Despite Align’s recent launch, we are witnessing great attention including receiving over one thousand votes on Product Hunt.

FinSMEs

29/01/2024