Activeloop Secures $11M Series A to Boost AI Database Platform

Activeloop, a Mountain View-based AI database provider, has raised $11M in Series A funding. The round was led by Streamlined Ventures, with participation from Y Combinator, Samsung Next, Alumni Ventures, and Dispersion Capital, bringing Activeloop's total funding to around $20M.

The fresh capital will enable Activeloop to onboard more enterprise customers and empower them to build and deploy AI solutions. The company's AI database aims to accelerate AI development and deployment.