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Cohere Raises $125M Series B To Fuel Rapid Platform Development And Scale International Footprint

Feb 16, 2022•over 3 years ago

Amount Raised

$125 Million

Round Type

series b

TorontoArtificial IntelligenceFinancial ServicesOtherData And AnalyticsSoftware

Description

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 Information

Company

Cohere

Location

Toronto, Ontario, Canada

About

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.

Funding Insights

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