Trustwise raises $4M in seed financing led by Hitachi Ventures
06/19/24, 1:14 PM
Location
austinMoney raised
$4 million
Industry
machine learning
artificial intelligence
software
Round Type
seed
Investors
Grit Ventures, Firestreak Ventures, Hitachi Ventures
Trustwise, a company specializing in generative AI application performance and risk management, raised $4M in seed financing led by Hitachi Ventures, with participation from Firestreak Ventures and Grit Ventures. The company intends to use the funds to speed up the development of cost and risk optimized generative AI prototypes for various industries, accelerate its go-to-market and partnership strategy, and further its research initiatives.
Company Info
Location
austin, texas, united states
Additional Info
Trustwise Optimize:ai is a first-of-its-kind generative AI application performance and risk management solution that provides developers with an API to eliminate risks and reduce the growing costs associated with deploying large language models (LLMs) in high-stakes enterprise environments.