Glean, a Palo Alto, CA-based provider of an AI-powered work assistant, raised over $200M in Series D funding, at $2.2 Billion valuation.
The round was led by existing investors Kleiner Perkins and Lightspeed Venture Partners, with participation from existing investor Sequoia Capital, new investors Adams Street, Coatue, ICONIQ, IVP, and Latitude Capital, and strategic investors Citi Ventures, Databricks Ventures, and Workday Ventures and with support from existing investor General Catalyst.
The company intends to use the funds to accelerate growth as it meets customer demand from enterprises to implement generative AI in their businesses.
Founded by Arvind Jain (Google Distinguished Engineer, Rubrik Co-founder), T.R. Vishwanath (Microsoft, Meta), Piyush Prahladka (Google, Uber), and Tony Gentilcore (Google), Glean provides an AI-powered work assistant that connects and understands company’s knowledge to bring answers users need. Using its enterprise search and RAG technology to retrieve the most relevant, up-to-date information for LLMs to use, it generates personalized answers grounded in company’s enterprise knowledge graph. All answers are secure, private, permissions-aware, and referenceable back to source documentation in your enterprise. Glean delivers 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 its low-code and no-code centralized AI platform to scale generative AI backed by their company’s knowledge.
FinSMEs
27/02/2024