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Sequoia backs PartyKit to power real-time multiplayer collaboration for any app | TechCrunch

Sep 26, 2023 - news.bensbites.co
PartyKit, an open-source deployment platform, has raised $2.5 million in pre-seed funding to help developers integrate real-time multiplayer functionality into their apps. The funding round was led by Sequoia Capital and included participation from Cursor Capital, Remote First Capital, and angel investors such as Cloudflare CEO Matthew Prince and Vercel CTO Guillermo Rauch. PartyKit, which allows developers to build applications without worrying about the complexities of the underlying infrastructure, is now moving from open beta to general availability.

PartyKit is designed to facilitate real-time collaboration between humans and AI agents, handling all long-running processes, memory, and context for the machine agent. The platform is built on Cloudflare and allows developers to integrate large language models from OpenAI or their own in-house models. The company is also preparing to introduce premium enterprise-focused features and services, including support for teams, analytics, compliance, and more. It will cater to both on-premise and cloud hosting to meet regulatory requirements for storing and processing confidential data.

Key takeaways:

  • PartyKit, an open source deployment platform, offers libraries for companies looking to integrate multiplayer functionality into their apps, making it easier to build and scale collaborative backends.
  • PartyKit was founded by Sunil Pai, former senior system engineer at Cloudflare, and has raised $2.5 million in pre-seed funding from Sequoia Capital, Cursor Capital, Remote First Capital, and others.
  • The platform allows developers to integrate their own code and tools, and test on their own local machines in continuous integration/continuous delivery (CI/CD) environments, without having to worry about the complexities of the underlying infrastructure.
  • PartyKit is preparing to introduce premium enterprise-focused features and services, including support for teams, analytics, compliance, and more, and will cater to both on-premise and cloud hosting.
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