Glean raised $200 million in its latest funding round co-led by Kleiner Perkins and Lightspeed Venture Partners to expand its team to 700 people and further develop its AI-powered products.
Glean raised $200 million in its latest funding round co-led by Kleiner Perkins and Lightspeed Venture Partners to expand its team to 700 people and further develop its AI-powered products.
03/08/24, 4:46 AM
Location
palo altoMoney raised
$200 million
Industry
data and analytics
software
Investors
Lightspeed Venture Partners, Kleiner Perkins
Glean, a startup specializing in enterprise AI search and knowledge management solutions, has announced a successful funding round of $200 million, co-led by Kleiner Perkins and Lightspeed Venture Partners. The funding round has increased Glean's valuation to $2.2 billion, up from $1 billion in May 2022. The company plans to use the investment to double its team to 700 people and continue the development of its AI-powered products.
Company Info
Location
palo alto, california, united states
Additional Info
Glean is the AI-powered work assistant that connects and understands all your company’s knowledge, to bring you the answers you need. Using its state-of-the-art enterprise search and RAG technology to retrieve the most relevant, up-to-date information for LLMs to use, Glean generates highly personalized answers grounded in your company’s unique enterprise knowledge graph. All answers are secure, private, permissions-aware, and fully referenceable back to source documentation in your enterprise. Glean delivers turnkey implementation of a complex AI ecosystem, with over 100 connectors and no need for costly professional services, data training, or manual fine-tuning. Enterprises can also use Glean’s low-code and no-code centralized AI platform to scale the power of trusted generative AI backed by their company’s knowledge, anywhere it’s needed. Founded by Arvind Jain (Google Distinguished Engineer, Rubrik Co-founder), T.R. Vishwanath (Microsoft, Meta), Piyush Prahladka (Google, Uber), and Tony Gentilcore (Google), Glean has funding from Kleiner Perkins, Lightspeed Venture Partners, General Catalyst, Sequoia Capital, Capital One Ventures, Citi, Coatue, Databricks Ventures, ICONIQ Growth, IVP, The Slack Fund, and Workday Ventures.