Glean raised more than $200M in Series D funding led by Kleiner Perkins and Lightspeed Venture Partners to develop a generative AI-powered work assistant platform.
Mar 07, 2024•over 1 year ago
Amount Raised
$200 Million
Round Type
series d
Investors
General CatalystWorkday VenturesDatabricks VenturesCitiCapital One VenturesAdams StreetLatitude CapitalIvpIconiq GrowthCoatueSequoia CapitalLightspeed Venture PartnersKleiner Perkins
Description
Glean, based in Palo Alto, California, announced that it has raised more than $200 million in Series D funding. The round was led by existing investors Kleiner Perkins and Lightspeed Venture Partners with participation from various other investors.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech