Chalk Announces $10M Seed to Power ML and AI

December 12, 2023Client News

Gunderson Dettmer represented client Chalk, the data platform for machine learning and generative AI, in its $10 million Seed financing led by General Catalyst, Unusual Ventures and Xfund. Chalk’s data platform provides critical building blocks for real-time machine learning–a compute engine, an LLM toolchain, a feature store, integrated monitoring and branches for data science experimentation, which enables engineers, data scientists and analysts to focus on their unique products.

The new capital will be used to accelerate development of Chalk’s platform, reach new customers and grow its engineering and go-to-market teams.

In the announcement of the transaction, Chalk’s Co-Founder Elliot Marx said, “We deeply understand the pain points and workflows that make machine learning challenging, and we’ve applied those lessons here at Chalk. Existing tools in this space have painful and cumbersome developer experiences. Instead of relying on dated technologies like Spark, we built Chalk from the ground up to provide a seamless experience our users love.”

The Gunderson Dettmer deal team was led by Andy Bradley and included Jared Mayberry and Jake Winton.

General Catalyst