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Investing.com -- Baseten, an inference platform for AI products, has secured $150 million in Series D funding, valuing the company at $2.15 billion.
The funding round saw participation from existing investors Conviction, 01a, IVP, Spark, and Greylock. New investors joining the round include BOND, CapitalG, Premji, and Kevin and Elizabeth Weil of Scribble.
With this new capital, Baseten plans to scale its team and product offerings to meet growing customer demand. The company will focus on investing in model performance research, infrastructure, and developer tooling.
Additionally, Baseten intends to expand its customer teams as part of its growth strategy.
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