Cohere Raises $125M Series B To Fuel Rapid Platform Development And Scale International Footprint
02/16/22, 9:00 AM
Location
torontoMoney raised
$125 million
Industry
artificial intelligence
financial services
other
data and analytics
software
Round Type
series b
Cohere, the natural language processing (NLP) platform enabling broad access to cutting-edge language generation and understanding technology, announced today that it has raised $125M USD in a Series B round led by Tiger Global, with participation from founding investor Radical Ventures and returning investors Index Ventures and Section 32. The latest fundraise brings Cohere’s total funding raised to date to over $170M USD. Cohere has also announced that Bill MacCartney has joined as Vice President of Engineering and Machine Learning, and will spearhead the opening of the company’s new Palo Alto office.
Company Info
Location
toronto, ontario, canada
Additional Info
Cohere provides unprecedented access to affordable, easy-to-deploy large language models. Our platform gives computers the ability to read and write - whether you want to better understand what your customers are saying, or you want to write compelling copy that speaks to your target audience, Cohere can help.