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Patronus AI raises USD 17 million in Series A to monitor LLM failures
Generative AI Infrastructure
May 22, 2024
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Generative AI Infrastructure

Generative AI Infrastructure

May 22, 2024

Patronus AI raises USD 17 million in Series A to monitor LLM failures

Funding

  • Patronus AI, an automated evaluation and security platform provider, secured USD 17 million in its Series A funding round. Glenn Solomon from Notable Capital led the round, with contributions from Lightspeed Venture Partners, Datadog, Gokul Rajaram, and Factorial Capital, among others.

  • The capital raised will be directed toward scaling Patronus AI's research, engineering, and sales divisions, as well as training evaluation models and formulating new industry standard benchmarks.

  • Patronus AI aids businesses in detecting errors in LLMs at a large scale. The firm has successfully highlighted wide-ranging safety and accuracy issues present in LLM usage through its timely research. Several Fortune 500 companies are already benefiting from the safe implementation of AI solutions through Patronus AI.

  • Analyst QuickTake: Patronus AI addresses a primary concern of many enterprises on the behaviors and inaccuracies of LLMs, even as interest in generative AI grows. In January 2024 , Patronus AI also partnered with MongoDB to integrate automated evaluation and testing of LLMs for enterprise clients.

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