Samsung Next, the investment arm of Samsung Electronics, has invested in Traceloop, a startup specializing in generative AI monitoring technology.
Traceloop announced on the 28th that it had completed a $6.1 million seed funding round. The round was co-led by Sorenson Capital and Ibex Investors, with participation from Samsung Next and Y Combinator.
Based in Israel, Traceloop develops monitoring technology for generative AI, built on its open-source framework “OpenLLMetry,” which is designed to monitor and debug large language model (LLM) applications. The company provides tools to detect anomalies in generative AI applications and to evaluate, improve, and deploy them effectively.
With Traceloop’s solutions, developers can test and troubleshoot their applications before releasing them to users.
Traceloop plans to accelerate product development and expand into new markets.
“Our vision is to make generative AI applications observable, testable, and trustworthy,” said Nir Gazit, co-founder and CEO of Traceloop. “Only with strong monitoring capabilities can we unlock the full potential of AI.”
