Glean, a Palo Alto, CA-based provider of a Work AI platform for enterprises, raised over $260M in Series E funding at a $4.6 billion valuation.
The round was led by Altimeter and DST Global, with participation from new investors Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, and existing investors Coatue, General Catalyst, ICONIQ Growth, IVP, Kleiner Perkins, Lightspeed Venture Partners, and Sequoia Capital.
The company intends to use the funds to accelerate AI innovation, customer acquisition, and global expansion.
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 a Work AI platform that connects and understands enterprise data, to generate answers and automate work grounded in company knowledge. Using its search and RAG technology to retrieve the most relevant, up-to-date information, Glean’s AI assistant generates personalized answers based on enterprise knowledge graph.
Glean also announced a set of next-generation prompting features to help automate complex, multi-step workflows and accelerate AI adoption for everyone at work, as well as new embedded solutions for Zendesk and Salesforce Service Cloud.
Customers include Reddit, Instacart, Pinterest, Duolingo, Databricks, BILL, Samsara, Grammarly, and leading global enterprises in telecommunications, banking, retail, semiconductors, electronics, and manufacturing.
FinSMEs
10/09/2024