Funds for Knowledge Management Specialist LlamaIndex

San Francisco-based LlamaIndex, whose platform develops agents for automating enterprises' use of their unstructured data, has secured $19m in Series A funding. At the same time, the firm has announced the general availability of its flagship LlamaCloud knowledge management solution.

The company was founded and is led by CTO Simon Suo (pictured above) and CEO Jerry Liu (pictured below). LlamaCloud helps clients build knowledge agencts quickly and securely, including parsing, ingesting, indexing and retrieval of data. The solution is available SaaS or on-premise, and taps software called LlamaParse which brings complex, unstructured document formats like PDFs, Word documents, PowerPoints and hundreds of others into the system for analysis and sharing. Python and TypeScript developers can use the LlamaIndex framework to construct 'scalable, predictable' AI agents.

The funding round was led by Norwest Venture Partners, with participation from existing investors Greylock Partners, and brings the firm's total to date to $27.5m. Funds will be used for recruitment across a range of positions, in order to accelerate software development and the company's go-to-market activity.

Web site: www.llamaindex.ai .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.