Pinecone Raises $10M in Funding



Pinecone Systems Inc., a Sunnyvale, California, New York and Tel Aviv, Israel-based machine learning (ML) cloud infrastructure company, raised $10m in seed funding.

The round was led by Wing Venture Capital, and Wing’s Founding Partner, Peter Wagner, will be joining the Pinecone board.

Built by the team behind Amazon SageMaker and founded by scientist and former AWS Director Edo Liberty, Pinecone provides a serverless vector database for machine learning.The company’s vector database supports large scale production deployments of real-time applications such as personalization, semantic text search, image retrieval, data fusion, deduplication, recommendation, and anomaly detection.

Using Pinecone’s vector database, ML and data infrastructure engineers can dynamically transform and index billions of high-dimensional vectors. They can answer queries like nearest neighbor and max-dot-product search accurately and in milliseconds. The database is 100% serverless and API-driven.

Liberty ran Yahoo’s Scalable Machine Learning Platforms group and later Amazon AI Labs which included a team building Amazon SageMaker. Engineering is led by Amir Sadoughi, a senior AWS engineer and leader who spearheaded the creation of Amazon SageMaker.