DataStax

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DataStax offers technologies that enable organizations to develop AI-powered applications leveraging real-time data. Its product offerings include Astra DB, Vector Search, Astra Streaming, RAGStack, and DataStax Enterprise. 

Astra DB is the company's flagship product and is a database platform offering NoSQL and vector database capabilities for developing GenAI applications. It can perform simultaneous search-and-update tasks on distributed data and streaming workloads and provide low latency while delivering relevant results without redundancies. 

DataStax Vector Search offers an API that supports vector and structured data for Retrieval Augmented Generation (RAG) applications and enables the building of GenAI and RAG apps with features like real-time data and streaming capabilities.

Astra Streaming helps to increase the accuracy and relevance of LLMs, chatbots, and AI agents through live data ingestion while fostering a user feedback loop for improved interactions.

RAGStack streamlines RAG in GenAI apps, leveraging LangChain and LLamaIndex to boost developer productivity, system performance, and accuracy with continuous updates and enterprise-level governance.

In June 2024, the company announced significant updates to its GenAI platform to focus on accelerating the development of applications powered by retrieval augmented generation (RAG).

Datastax announced the upcoming launch of DataStax Hyper-Converged Data platform and the latest version of DataStax Enterprise (DSE) 6.9 in May 2024 to enable users to integrate GenAI and vector search capabilities into their independent enterprise data cases.

In April 2024, Datastax acquired Logspace to offer an all-inclusive Generative AI stack with flexible deployment options, a comprehensive ecosystem of Python libraries, and integration with partners like LangChain.

Key customers and partnerships

DataStax's solutions are utilized by various sectors, including ecommerce, identity management, security and compliance, supply chain, inventory management, asset monitoring, and logistics. Notable customers include Netflix, T-Mobile, Audi, Priceline, Bud Financial, Capital One, SkyPoint Cloud, Atom Bank, and others.

Key partnerships include a collaboration with Google to integrate vector search capabilities into its AstraDB NoSQL database-as-a-service (June 2023), a strategic partnership with AWS to provide customers developing GenAI applications access to the Astra DB Vector Database (November 2023), and a partnership with LlamaIndex to launch RAGStack to develop GenAI applications with fewer hallucinations ( February 2024 ).

In April 2024, DataStax integrated with Google Cloud's Vertex AI to simplify enterprise GenAI application development.

HQ location:
Santa Clara CA USA
Founded year:
2010
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 342.6 mn
Last Funding:
USD 115.0 mn (Series Unknown; Jun 2022)
Last valuation:
USD 1.6 bn (Jun 2022)
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