Today's announcement is about Confident AI's oversubscribed $2.2m seed round with participation from Y Combinator and other investors, marking the company's first experience fundraising as a founder. The article delves into the challenges of raising venture capital as a first-time founder outside of Y Combinator, but ultimately highlights the benefits of being part of the program. Confident AI has built DeepEval, an open-source LLM evaluation framework used by enterprises such as BCG and Astrazenca, which has helped secure funding. The company's founders successfully navigated the fundraising process, leveraging their expertise in open-source development to attract investors who appreciate their approach. With the new funding, Confident AI plans to continue providing the best LLM evaluation for everyone while also educating people on best practices for evaluating LLMs to make the world a safer place for AI.