LanceDB Secures $11M in Funding Led by CRV, Including $8M Seed Round

May 15, 2024, 10:01 AM

LanceDB, an open-source multimodal AI database company, has raised $11 million in funding. The funding round was led by CRV, with additional backing from Y Combinator, Essence Venture, and Swift Ventures. This includes an $8 million seed round. LanceDB counts Midjourney, Character.ai, and Airtable among its customers. The company aims to use the funds to grow its team and enhance its services.