Open source vector database startup Qdrant raises $28M

Open source vector database startup Qdrant raises $28M

01/23/24, 10:07 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgberlin
Money raised
$28 million
Industry
software development
Investors
Spark Capital
Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital.

Company Info

Company
Qdrant
Location
berlin, maryland, united states
Additional Info
Powering the next generation of AI applications with advanced and high-performant vector similarity search technology. Qdrant engine is an open-source vector search database. It deploys as an API service providing a search for the nearest high-dimensional vectors. With Qdrant, embeddings or neural network encoders can be turned into full-fledged applications for matching, searching, recommending, and much more. Make the most of your Unstructured Data!

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