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Skyflow raises $30M more as AI spikes demand for its privacy business
This morning Skyflow announced that it has raised a $30 million Series B extension led by Khosla Ventures. The deal is interesting on a number of fronts
In an interview with TechCrunch, Skyflow cofounder and CEO Anshu Sharma said that its AI-related software offerings have rapidly become a material portion of its total business. The startup saw its revenues from large language model-related usage grow from 0% to around 30% more recently, implying that the company’s growth rate was augmented by market need for data-management services stemming from the data voracity of LLMs. Sharma also stressed that Khosla Ventures has made a number of AI investments, making the firm aware of the importance of data privacy and security inside corporate LLM usage.
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