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AI infrastructure startup LangChain reportedly raises $100M at $1.1B valuation
Artificial intelligence infrastructure, developer tools, observability and workflow orchestration company LangChain Inc. has reportedly raised $100 million in new funding on a $1.1 billion valuation.
The news that the company was raising a new round was first reported today by TechCrunch, with Forbes later claiming that the round had already been raised and closed. LangChain has not confirmed the details.
Founded in 2022, LangChain builds infrastructure and tools that are designed to make it easier for developers and companies to create applications powered by large language models. The company offers modular components to connect LLMs with data, tools, application programming interfaces and workflows, allowing for more advanced and interactive AI behavior.
LangChain’s core offering is a framework that lets developers chain together calls to LLMs, search systems and other tools. The approach supports complex multi-step reasoning, agent-based workflows and Retrieval-Augmented Generation pipelines.
The company has various tools that assist users in managing and dealing with LLMs, including LangSmith, a managed platform for debugging, testing and monitoring LLM applications. LangSmith helps teams identify where LLM behavior goes wrong, track usage and improve performance with observability built specifically for AI applications.
There’s also LangServe, a tool for turning LangChain applications into production-ready APIs. The tool makes it easier to deploy and scale language model workflows in real environments without building infrastructure from scratch.
The company’s tools integrate with a wide range of third-party tools, including vector databases, cloud platforms, API connectors and prompt management systems, making them suitable for everything from chatbots and copilots to complex enterprise workflows.
Coming into its new funding round, LangChain had previously raised $35 million over two rounds, according to data from Tracxn. Investors in the company include Benchmark Capital Management Company, Sequoia Capital Operations and Amplify Partners.
Harrison Chase, founder and chief executive officer of LangChain, spoke with theCUBE, SiliconANGLE Media’s livestreaming studio, in April, when he discussed how LangChain supports AI-based app development and exploration:
Photo: LangChain
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