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Vespa

AI search engine for big data

Vespa logo
1-20 employees
  • B2B
  • Artificial Intelligence
  • Enterprise
  • Big data
  • Machine Learning
  • Cloud Computing
Trondheim, Trøndelag

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Company mission

To maintain and develop the Apache 2.0 licensed open-source project Vespa, and allow our users to run big data and AI online, at any scale, with unbeatable performance.

Our take

As an independent venture spun out from Yahoo!, Vespa is addressing the growing need for advanced big data serving engines in the tech industry. Over its 20-year history, Vespa has evolved from a search tool within Yahoo! to a versatile platform handling complex tasks, including search, online personalisation, recommendation, and ad serving.

To tackle the evolving landscape of AI applications, Vespa is prioritising the development of features that simplify the creation of apps combining AI models with proprietary datasets. Its offerings set it apart by significantly reducing the costs associated with retrieving personal data. With its open-source release and cloud-hosted product, Vespa Cloud has gained widespread adoption, notably becoming a crucial component for brands like Spotify, OKCupid, and Vinted.

Recent funding will be instrumental in strengthening its emerging functions and accelerating the delivery of new features. As Vespa operates independently from Yahoo!, the funding positions it to expand its cloud services and capitalise on the substantial growth potential within its large base of open-source enterprise users.

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Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Be part of a cutting-edge team working on innovative search and recommendation technology
  • Contribute to the development of a high-performance, open-source platform with a global impact
  • Opportunities for professional growth

Funding (1 round)

Nov 2023

$31m

SERIES A

Total funding: $31m

Leadership

Jon Bratseth

(CEO)

Over 20 years of experience working at Yahoo! and Verizon Media Platform as an Architect and Programmer on large distributed systems.

Kim Omar Johansen

(COO)

Previously served as the Director of Engineering at Yahoo! and Verizon Media Platform for over 20 years.

Kristian Aune

(Head of Customer Success)

Experienced Tech Product Manager who previously worked at Yahoo!, Oath, and Verizon Media Platform for over 20 years.

Frode Lundgren

(CTO)

Previously served as the Director of Engineering at Yahoo!, Oath, and Verizon Media Platform for over 20 years.