Typesafe
1 item across 1 edition. First seen Sat 10 Oct, last seen Sat 10 Oct.
- TypeSafe said on October 9 that it raised a round led by Andreessen Horowitz with participation from Sequoia Capital, existing investor DCVC and angel investors, disclosing "$870 million at a $7.5B valuation, with Martin Casado joining the board". SiliconANGLE, published at 16:13 EDT on October 9, reports the same figures and investors.
- SiliconANGLE describes Jev as an AI model that returns structured output instead of natural-language text, removing the need for applications to reformat it, and supporting three request types: yes/no answers, selecting an item from a list, and generating a score whose criteria developers can customise. It is part of a planned model series called "System One".
- TypeSafe says in its own post that "a third of the Fortune 500 are getting their Jev on" and that it has "saved customers millions of dollars in production already". SiliconANGLE puts adoption at "about a third of the Fortune 500".
- The adoption and savings claims are the company's own and are not independently verified. TypeSafe disclosed no revenue figure, and its post labels the round a "really big series A" while Dealroom's coverage describes it as a late-stage round.