Lamini, a Palo Alto, CA-based company specializes in enabling enterprises to develop, deploy and control their LLMs, has secured $25 million across seed and Series A rounds.
Investors
The funding rounds were from notable investors in AI, technology, and enterprise, including Amplify Partners (led Series A), First Round Capital (led Seed), Andrew Ng, Andrej Karpathy, Bernard Arnault, Pierre Lamond, Sarah Guo, Dylan Field, Lip-Bu Tan, Drew Houston, Anthony Schiller, AMD Ventures, and others.
Amplify Partners is an early-stage venture capital firm for technical founders building technical products for the enterprise. Founded in 2012 and is based in Menlo Park, California.
First Round is a seed-stage venture firm focused on building a vibrant community of technology entrepreneurs and companies. Founded in 2004, and is based in San Francisco, California.
Lamini Use of Funds
The company will use the new funding to accelerate development into deeper technical optimizations and expand its team. Lamini also aims to enhance its GPU cloud infrastructure globally, with a focus on adding new GPUs, including those from AMD, to cater to the increasing demand from customers across diverse regions.
About Lamini
Founded by Sharon Zhou and Greg Diamos, Lamini provides an Enterprise AI platform designed for enterprises to fully take advantage of their proprietary data, by turning that data into new LLM capabilities, deploying securely to vendor-agnostic compute options, and empowering their in-house software teams to uplevel to OpenAI-level AI teams. Lamini has established partnerships with industry leaders such as AMD, Snowflake, Databricks, Nutanix, Meta, and Mistral, among others.
Funding Details
Company: PowerML, Inc.
Raised: $25.0M
Round: Unknown
Funding Month: May 2024
Lead Investors: Amplify Partners, First Round Capital
Additional Investors: Andrew Ng, Andrej Karpathy, Bernard Arnault, Pierre Lamond, Sarah Guo, Dylan Field, Lip-Bu Tan, Drew Houston, Anthony Schiller, AMD Ventures
Company Website: https://www.lamini.ai/
Software Category: LLM Platform
Source: Lamini Series A Blog Post