BlueFlame AI secures US$5M Series A funding 26 June 2024UK Reporter: Klea Neza
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BlueFlame AI has announced the successful completion of its Series A funding round, which aims to allow the company to continue its rapid pace of product enhancement for clients, and brings its valuation to US$50 million.
With this investment, the company suggests it will be able to accelerate its growth trajectory, enhance its generative AI platform, and expand its team of world-class client success managers, engineers, product managers, and operations professionals.
Raj Bakhru, CEO of BlueFlame AI, says: "This funding is a testament to the potential our investors see in our model, the strength of our technology, and the value we bring to the industry.
“With this capital, we can remain focused on our core goals of product innovation and customer value as we continue to push the boundaries of how our clients can use AI to reduce time spent on low value tasks and devote more time to delivering results for their limited partners.”
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Image: Dina/stock.adobe.com 