Mayfield Leads $25 Million Funding in MindsDB

<p><strong>SAN FRANCISCO<&sol;strong> – <a href&equals;"http&colon;&sol;&sol;www&period;mindsdb&period;com&sol;">MindsDB<&sol;a>&comma; one of the fastest-growing open-source AI projects in the world&comma; has announced an additional &dollar;25 million financing with new lead investor Mayfield&comma; along with participation from TQ Ventures and existing investor Benchmark Capital&comma; bringing total seed capital raised to &dollar;41&period;5 million and total funds raised to &dollar;50 million&period;<&sol;p>&NewLine;<p>With the increasing popularity of ChatGPT and AI generally&comma; businesses are racing to embed AI into their operations and customer interfaces&period; However building AI applications can be slow and expensive without a dedicated team of AI engineers&period;<&sol;p>&NewLine;<p>To address this&comma; MindsDB equips virtually any developer to rapidly ship AI and machine learning applications &&num;8211&semi; effectively transforming them into AI&sol;ML Engineers&period; They can easily connect virtually any data source&comma; from databases like Postgres&comma; MongoDB&comma; and Snowflake to applications like Salesforce and Gmail&comma; with the latest AI innovations&comma; such as OpenAI&comma; Hugging Face or LangChain&period;<&sol;p>&NewLine;<p>MindsDB’s platform&comma; available in both open source and managed-cloud versions&comma; brings an intelligence layer between disparate data sources and AI frameworks&comma; using a streamlined deployment and management workflow&period; With MindsDB&comma; developers can ship AI-powered applications from prototyping and experimentation to production in a stable&comma; fast&comma; and enterprise-ready manner&period;<&sol;p>&NewLine;<p>&&num;8220&semi;MindsDB is possible because of the incredible open-source community behind it&comma; which has spent 5 years constantly testing and perfecting our technology&period; We are excited to be the most production-grade AI development solution in the market&comma; accessible for companies of all sizes&period; So&comma; whether your company has one or ten thousand developers needing to build and ship AI-First Applications&comma; MindsDB is here to help” said Jorge Torres&comma; Co-founder and CEO of MindsDB&period;<&sol;p>&NewLine;