Angel investors in the round include Jack Altman, Lenny Rachitsky, Mathilde Collin (CEO of Front), Raquel Urtasun (CEO of Waabi), Joey Gonzalez (Berkeley) among others. The company will use the funds to build an enterprise offering on top of the popular open source project with the same name.

LlamaIndex's open source toolkit can be used with any LLM and offers an easy to use and optimized experience. The toolkit can handle a diverse range of data sources, from structured to semi-structured to unstructured text or even image data, and includes data ingestion, data indexing, and a query engine layer on top. The company's enterprise solution - which will be available later this year - will be built on top of the popular open source project. The solution will help enterprises eliminate the technical and security barriers for data usage, and provide a range of services, from scalable/reliable data source connectors to security features such as access control and user management.