MindsDB, a leading provider of an AI-powered platform that enables developers to seamlessly deploy AI projects, has successfully raised an additional $25 million in financing.
This latest funding round, led by Mayfield and joined by TQ Ventures and existing investor Benchmark Capital, brings MindsDB’s total seed capital to $41.5 million and total funds raised to $50 million.
The infusion of capital will fuel the company’s ongoing efforts to foster its vibrant community, expand the capabilities of its AI-Logic product, and provide unparalleled support to its growing base of customers.
Under the leadership of Co-founder and CEO Jorge Torres, MindsDB has created a Cloud for Serving Artificial Intelligence Logic, empowering organizations to transform AI-powered applications from initial prototyping and experimentation to full-scale production in a fast and scalable manner. Developers can seamlessly connect a wide range of data sources, including popular databases like Postgres, MongoDB, and Snowflake, as well as applications such as Salesforce and Gmail, with cutting-edge AI innovations like OpenAI, Hugging Face, and LangChain.
MindsDB’s platform is available in both open-source and managed-cloud versions, providing developers with flexibility and choice as they harness the power of AI.
With this fresh round of funding, MindsDB is poised to further enhance its platform, broaden its product capabilities, and meet the growing demand for user-friendly AI solutions. By empowering developers with powerful AI tools and technologies, MindsDB is revolutionizing the way organizations bring AI projects to life, accelerating innovation and driving business success.
