News / DEVELOPMENT

BentoML raises $9M funding to expedite AI app development

The funding will be used to expand BentoML's team and product offerings

By Admin on June 27, 2023

BentoML raises $9M funding to expedite AI app development image
BentoML, a startup that provides a platform for building and deploying AI applications, has raised $9 million in funding. The round was led by Accel, with participation from existing investors Caffeinated Capital and Village Global. The funding will be used to expand BentoML's team and product offerings. The company plans to hire engineers, product managers, and sales professionals to support its growth. BentoML also plans to release new features and integrations to make it easier for developers to build and deploy AI applications. BentoML's platform provides a number of features that make it easy for developers to build AI applications. The platform includes a drag-and-drop interface that allows developers to connect to data sources, train models, and deploy models to production. BentoML also includes a library of pre-trained models that developers can use to build their applications.


The funding announcement comes at a time of growing interest in AI. Businesses are increasingly looking to adopt AI to improve their operations and products. BentoML's platform is well-positioned to help businesses adopt AI, as it makes it easy for developers to build and deploy AI applications. "We are excited to announce this funding round, which will allow us to accelerate our growth and help more businesses adopt AI," said BentoML CEO and co-founder Kevin Chen. "We believe that AI has the potential to transform the way businesses operate, and we are committed to making it easy for developers to build and deploy AI applications."


BentoML was founded in 2021 by Kevin Chen and Michael Phelps. The company is headquartered in San Francisco, California. BentoML's platform is currently used by a number of businesses, including Intuit, Twilio, and Coursera. The company plans to expand its customer base in the coming years. The funding round for BentoML is a sign of the growing interest in AI. The company's platform is well-positioned to help businesses adopt AI, as it makes it easy for developers to build and deploy AI applications.

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