LangChain Achieves $1.25 Billion Valuation in Latest Funding Round

Reported about 13 hours ago

LangChain, an open source startup focused on AI agent frameworks, has secured $125 million in funding, boosting its valuation to $1.25 billion. Founded in 2022 by Harrison Chase, the company initially gained traction by simplifying the development of applications using large language models. The latest investment round was led by IVP, with participation from new investors CapitalG and Sapphire Ventures, as well as existing investors Sequoia, Benchmark, and Amplify. LangChain has introduced updates to its key products and continues to thrive within the open source community.

Source: YAHOO

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