What does LiveKit do?
LiveKit is a San Jose-based company that provides a comprehensive voice AI platform. The company enables developers to build, deploy, and scale real-time AI agents that can see, hear, and speak like humans. Its innovative solutions include powering features like ChatGPT Voice Mode and offering an open-source framework for creating custom voice AI agents.
How much did they raise?
The company raised $45M in a Series B round at a valuation of $345M. The funding round, which brought its total capital raised to $83M, was led by Altimeter Capital with participation from Redpoint Ventures and Hanabi Capital.
What are their plans for the money?
LiveKit plans to use the funds to expand its operations and accelerate the development of its advanced voice AI technology. This investment is expected to enhance its platform capabilities, support its growing user base, and further drive the adoption of real-time multimodal AI applications.
What have they achieved so far?
Notably, LiveKit has already made significant progress in the AI space. In September 2023, it collaborated with OpenAI to launch ChatGPT Voice Mode, introduced LiveKit Agents for building voice AI applications, and expanded its ultra-low latency edge network—LiveKit Cloud—which supports over 100,000 developers and handles more than 3 billion calls annually.
