Decart, a San Francisco, CA-based AI research lab, raised $32M in Series A funding.
The round was led by Benchmark, with participation from existing investors Sequoia Capital and Zeev Ventures.
The company intends to use the funds to grow its team of experts.
Led by CEO Dean Leitersdorf, Decart has built an AI infrastructure platform that enables organizations to train massive AI models at scale to create interactive, real-time experiences fast. After achieving early profitability and generating millions in revenue from enterprise customers before emerging from stealth, Decart is now developing its own foundation models.
After coming out of stealth less than two months ago, the company has raised a total of $53M.
