Portkey.ai, a San Francisco, CA-based company dedicated to helping engineering teams accelerate the development and deployment of generative AI applications, raised $3 million in seed funding.
The round was led by Lightspeed, with participation from a number of angel investors including prominent figures from businesses including AWS, OpenAI, Cloudflare, Postman, and Asana.
The new funds will be used to continue research and build out the LLMOps stack.
Portkey.ai has built tools that allow businesses to monitor their language model operations (LLMOps), connect to multiple large language models (LLMs) efficiently, experiment, improve, and manage prompts effectively. It also offers deep integrations with players like OpenAI, Anthropic, Langchain, LlamaIndex, and more.
Rohit Agarwal, Co-founder of Portkey.ai, commented, "Tech chiefs are facing a rush of demand from teams for AI apps that will save money without too much delay. But they cannot say yes to all their requests. There’s so much work to be done that there are often competing priorities and Portkey wants to help solve these dilemmas for tech teams. Our vision for Portkey has been to enable teams and companies to deploy Gen AI apps and features with confidence.”
Portkey.ai has a global footprint, with a significant user base in the U.S. In the long run, the company aims to enhance AI application development for its fast-growing customer base.
Company: Portkey, Inc.
Raised: $3.0M
Round: Seed Round
Funding Month: August 2023
Lead Investors: Lightspeed
Additional Investors:
Company Website: https://portkey.ai/
Software Category: LLMOps Platform
About the Company: Portkey is building a full-stack LLMOps platform that empowers AI builders to productionize their Gen AI apps reliably and securely. Portkey's platform can be integrated with a line of code in Gen AI apps, making them production-grade, reliable, and secure. The company has already served millions of daily requests for innovative Generative AI companies like Postman, Jio Haptik, and Springworks.
Source: https://newsdirect.com/news/portkey-ai-secures-3m-funding-round-as-it-enables-any-business-to-create-ai-apps-faster-832210125