enterprise AI search startup: US enterprise AI search startup Glean raises $200 million, plans hiring spree
The funding, co-led by existing investors Kleiner Perkins and Lightspeed Venture Partners, valued Glean at $2.2 billion, up from the $1 billion it was valued at when it last raised in May 2022.
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Arvind Jain, cofounder and CEO of Glean, who also co-founded data management startup Rubrik, said he plans to use the funding to double the team to 700 people this year.
Founded by former Google search engineers in 2019, Glean offers enterprises search and knowledge management solutions by connecting companies’ applications and databases.
The company has built conversational AI assistants and used large language models, including OpenAI’s text-generation tool ChatGPT, to generate personalized summaries and answers based on a company’s internal knowledge graph.
The Palo Alto, California-based startup said it has nearly quadrupled its annual recurring revenue in the past year, serving customers such as Sony Electronics and Databricks.
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The funding, co-led by existing investors Kleiner Perkins and Lightspeed Venture Partners, valued Glean at $2.2 billion, up from the $1 billion it was valued at when it last raised in May 2022.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering College | Course | Website |
---|---|---|
Indian School of Business | ISB Professional Certificate in Product Management | Visit |
IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
MIT | MIT Technology Leadership and Innovation | Visit |
Arvind Jain, cofounder and CEO of Glean, who also co-founded data management startup Rubrik, said he plans to use the funding to double the team to 700 people this year.
Founded by former Google search engineers in 2019, Glean offers enterprises search and knowledge management solutions by connecting companies’ applications and databases.
The company has built conversational AI assistants and used large language models, including OpenAI’s text-generation tool ChatGPT, to generate personalized summaries and answers based on a company’s internal knowledge graph.
The Palo Alto, California-based startup said it has nearly quadrupled its annual recurring revenue in the past year, serving customers such as Sony Electronics and Databricks.