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Qdrant, the Vector Search Database, raised $28M in a Series A round

131 pointsby francoismassotover 1 year ago

22 comments

francoismassotover 1 year ago
Congrats to Qdrant&#x27;s team, $28M for a Series is really nice.<p>There are a lot of OSS vector search databases out there, we could probably list the main ones:<p>- Qdrant: <a href="https:&#x2F;&#x2F;github.com&#x2F;qdrant&#x2F;qdrant">https:&#x2F;&#x2F;github.com&#x2F;qdrant&#x2F;qdrant</a><p>- Weaviate: <a href="https:&#x2F;&#x2F;github.com&#x2F;weaviate&#x2F;weaviate">https:&#x2F;&#x2F;github.com&#x2F;weaviate&#x2F;weaviate</a><p>- Milvus: <a href="https:&#x2F;&#x2F;github.com&#x2F;milvus-io&#x2F;milvus">https:&#x2F;&#x2F;github.com&#x2F;milvus-io&#x2F;milvus</a><p>What else?
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lettergramover 1 year ago
Not to knock Qdrsnt, but generally the whole “vector search database” rush is insane.<p>I’ve been working with vectors for over a decade; particularly with embeddings used in AI. We’re talking projects from 100k to 100B+ records, used for AI applications<p>Postgres, particularly with pgvector and derivatives, can handle to millions of records very rapidly no problem. It’s very cheap, scales great, and is accurate.<p>I’m sure some of these open source solutions are improvements. That said, weigh vendor lock in, cost, risk and in the end it usually makes very little sense.
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tw1984over 1 year ago
I don&#x27;t think such business model is going to last. There is no reason for AI giants like OpenAI to stick with such external &quot;vector databases&quot;. There is not much technical stuff there. Unless you want to argue that &quot;vector searching&quot; is just some labor work when compared to AI, in that case, sure.
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clbrmbrover 1 year ago
What’s the mote here? Seems to be a risky investment when it’s such a crowded space and likely to be decent open source alternatives for those with small budgets and homegrown solutions for companies with bigger budgets and requirements.
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weinzierlover 1 year ago
A while ago I read in a thread here that they are used in OpenAI&#x27;s products and at another popular company. I am not sure but vaguely remember X&#x2F;Grok.<p>They are also a Rust shop.<p>Who says Germany has no cool startups.<p>EDIT: Yes, it was Grok.
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mindvirusover 1 year ago
Congrats to them!<p>What have your experiences with vector databases been? I&#x27;ve been using <a href="https:&#x2F;&#x2F;weaviate.io&#x2F;" rel="nofollow">https:&#x2F;&#x2F;weaviate.io&#x2F;</a> which works great, but just for little tech demos, so I&#x27;m not really sure how to compare one versus another or even what to look for really.
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tw1984over 1 year ago
We have to be honest - &quot;vector&quot; database is a <i>low</i> tech stuff when compared to today&#x27;s AI. You shouldn&#x27;t be expecting to walk into the battle of AI, which is arguable the most important one in our life time, to dig a chunk of significant profit from major AI players&#x27; pocket by just having some low tech stuff. They use external &quot;vector databases&quot; <i>for now</i> because they don&#x27;t want to invest R&amp;D resources on such non-key issues <i>for now</i>.<p><i>for now</i> is the keyword here.<p>When the company grow to 10k or 30k people, there will be teams competing for visibility, someone is going to build their inhouse &quot;vector database&quot; to get his&#x2F;her slice of the pie. Do you still believe that any AI major player is going to reply on some external vector databases?
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hartatorover 1 year ago
&gt; For example, it can automatically map ‘frontend engineer’ to ‘web developer’<p>Small revolution indeed.<p>Ref: <a href="https:&#x2F;&#x2F;qdrant.tech&#x2F;use-cases&#x2F;" rel="nofollow">https:&#x2F;&#x2F;qdrant.tech&#x2F;use-cases&#x2F;</a>
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anonzzziesover 1 year ago
The sourcecode is very readable of this product. And good license, no agpl or worse stuff.
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anonzzziesover 1 year ago
Offtopic: Is there a good OSS mixed (vectors + traditional) that can be embedded in our own solution and allows storing indexes in a pluggable kv storage? Besides rolling one, I cannot really find anything. Rust or Go would be best.
softwaredougover 1 year ago
Someone has to ask the question: How many vector DBs do we really need? How do the vector DB companies differentiate themselves? And why do we need a company at all when there are increasingly awesome open source options?<p>I genuinely ask - there are a lot of other problems in the RAG, fine tuning, AI&#x2F;LLM, retireval space, to solve. And more and more vector retrieval is, while not 100% solved, at least is something the community has a grasp on the tradeoffs. Solved to the point that squeezing a bit more recall out of vector retrieval isn&#x27;t the problem anymore.
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shanghaikidover 1 year ago
Congratulations.<p>What do you think you milvus? <a href="https:&#x2F;&#x2F;milvus.io&#x2F;" rel="nofollow">https:&#x2F;&#x2F;milvus.io&#x2F;</a>. The difference seems significant from the architecture perspective.
infectoover 1 year ago
I am excited to see how the vector search space plays out. Most of my work is not constrained by a low latency chat type user experience and I have not touched most of the vector search apis. I wonder what the difference is between competitors. The way I picture it is everyone is starting up their own Elasticsearch hosted solution and while there are some differences in functionality, the real bet is cost and scale.
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redwoodover 1 year ago
Anyone using Qdrant in prod?
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yujianover 1 year ago
Good on them, I know the crustaceans are out here happy about this raise for a Rust based Vector DB!<p>(now I&#x27;m gonna plug what I work on)<p>If you&#x27;re interested in a more scalable vector database written in Go, check out Milvus (<a href="https:&#x2F;&#x2F;github.com&#x2F;milvus-io&#x2F;milvus">https:&#x2F;&#x2F;github.com&#x2F;milvus-io&#x2F;milvus</a>)
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rvzover 1 year ago
Well deserved funding round for a company that underpins most of the AI hype happening all over the place and probably always overlooked by many analysts.<p>Let’s see what they can do in a year or more with that new capital.
brazaover 1 year ago
Outside AI and LLMs, there are some solid use cases for those Vector Search Databases? Maybe I am not seeing something, but it’s hard to see it gaining traction outside tech companies.
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ancorevardover 1 year ago
Honest question, how long before EU makes it unattainable for Qdrant to remain in Germany&#x2F;EU?
wahnfriedenover 1 year ago
What’s the best vector db for text similarity that can run in browser front ends too?
ydingover 1 year ago
Congrats! Amazing milestone.
spullaraover 1 year ago
Honestly there is no reason, except huge scale, to have a separate vector db. Every normal database and search engine now support vector search.
_mh56over 1 year ago
I applied to Qdrant a while back and got this response:<p>&quot;We are getting many applications for this position. Usually, a test task would help preselect suitable candidates. However, since we develop open-source software, we rely on contribution.<p>You can build an open-source Qdrant connector to another framework or library. The simplest one would be, for example, a Streamlit data connector. But other ideas are more than welcome!<p>No limitations and no deadline. As long as this job position is online, we accept submissions. After you are done, send us an email to career@qdrant.com with the link to the repo. We will review it and get back to you asap.&quot;<p>No interviews, conversation before this email. Hope they see and fix this.<p>Edit : No Pay.
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