menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

LangChain ...
source image

TechCrunch

23h

read

99

img
dot

Image Credit: TechCrunch

LangChain is about to become a unicorn, sources say

  • LangChain, an AI infrastructure startup providing tools for LLM-powered applications, is reportedly raising a new round of funding at a $1 billion valuation led by IVP.
  • Founded by Harrison Chase in late 2022, LangChain started as an open-source project and secured previous funding rounds, with LangSmith, a product for monitoring LLM applications, contributing to its success.
  • LangSmith, introduced last year, has helped LangChain achieve an ARR between $12-16 million, attracting companies like Klarna, Rippling, and Replit as customers.
  • Although LangSmith dominates the LLM operations market, it faces competition from smaller players like Langfuse and Helicone, with IVP declining to comment on the funding round.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app