Arcee AI raised $24M in a Series A funding led by Emergence Capital to launch Arcee Cloud.
07/16/24, 3:42 PM
Location
miamiMoney raised
$24 million
Industry
natural language processing
machine learning
artificial intelligence
Round Type
series a
Investors
Emergence Capital
Arcee AI raised $24M in a Series A funding round led by Emergence Capital. The funding will be used to bring their solution to the masses via their new cloud platform, Arcee Cloud, which complements their existing in-VPC deployment option, Arcee Enterprise.
Company Info
Location
miami, florida, united states
Additional Info
Arcee AI is a company specializing in domain-specific models and tools for enterprises to create their own efficient and customizable small language models (SLMs) for various industries. Their unique approach enables organizations to tackle multiple specialized use cases with cost-effective and energy-efficient AI solutions.