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Venture Capital News: Baseten Pulls In $20M Seed and Series A Round

2022-04-26
SAN FRANCISCO, CA, Baseten raises $20 million Seed and Series A led by Greylock.
Today Baseten announced that it has raised $8 million in seed funding co-led by Greylock and South Park Commons Fund and $12 million in Series A funding led by Greylock. Baseten is using the funding to expand its engineering and go-to-market teams.

Other participants in the seed round include AI Fund, Caffeinated Capital and angel investors Lachy Groom (ex-Stripe), Greg Brockman (co-founder and CTO of OpenAI), Dylan Field (co-founder and CEO of Figma), Mustafa Suleyman (co-founder of DeepMind) and DJ Patil (ex-Chief Data Scientist of the United States Office of Science and Technology Policy).

Other participants in the A round include South Park Commons and angel investors Lachy Groom, Cristina Cordova (ex-Stripe), Dev Ittycheria (CEO of MongoDB), Jay Simon (ex-President of Atlassian) and Jean-Denis Greze (CTO of Plaid).

Baseten makes going from machine learning models to production-grade applications fast and easy. With Baseten, data science and machine learning teams can build applications without backend, frontend or MLOps knowledge, enabling faster, smarter decision-making at their organizations.
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