What does Openlayer do?
Openlayer provides a platform that enables enterprises to test, monitor, and govern their AI systems, ensuring they are safe, reliable, and responsibly managed.
How much did they raise?
The company raised $14.5M in a Series A round, led by Race Capital with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica.
What are their plans for the money?
Openlayer plans to use the funds to expand its operations and business reach, which could significantly enhance its platform and further empower organizations to operationalize responsible AI.
What have they achieved so far?
The platform is already being used by enterprise companies to ensure safe and reliable AI operations, demonstrating early success in its mission.