deepset raises €27.0M Series B round

To expand product offerings, increase workforce, support international expansion, consolidate its status as the leading LLM platform, further develop its offering for customers globally, refine deepset for RAG (retrieval-augmented generation) applications, improve the evaluation of every component in a RAG pipeline, develop its sales and marketing strategy, expand Haystack and deepset Cloud, extend its international presence to the US, optimize deepset Cloud for VPC (virtual private cloud) setups, and diversify and improve LLM observability.

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