A month ago we announced that Vespa is finally its own company. Today we’re announcing a $31 million investment from Blossom Capital.

The spin-out from Yahoo gave us the ability to focus on serving and growing the entire Vespa ecosystem, and this investment gives us the financial muscle to invest in building a complete platform for all use cases involving big data and AI online, and serving large and small customers on our cloud solution.

When we met the Blossom team, we quickly realized they were a great partner for us, with their deep understanding of what it takes to build a world-class global tech company, and their exceedingly fast and efficient decision-making (we’re kind of into speed).

Read more in this TechCrunch article.