
AI startup Glean has successfully raised $200 million in a Series D funding round led by Kleiner Perkins & Lightspeed Venture Partners, reaching a valuation of $2.2 billion, up from $1 billion. The funding round attracted major investors, including Citigroup, after Glean's revenue quadrupled. Glean aims to challenge ChatGPT in the enterprise sector by enabling Chief Information Officers (CIOs) to deploy AI quickly and securely, enhancing the productivity of knowledge workers. The company plans to use the funds for a hiring spree. Glean's technology focuses on connecting Large Language Models (LLMs) with enterprise data in a scalable and secure manner, leveraging its advanced retrieval engine. Arvind Jain, CEO of Glean, highlighted the transformative potential of generative AI in increasing productivity and efficiencies when applied correctly.
US enterprise AI search startup Glean raises $200 million, plans hiring spree https://t.co/q8WPy1QBxy https://t.co/ZUiheANx5N
"We are at the beginning of one of the biggest transformations in technology; generative AI is an incredibly powerful technology that will unleash productivity and new efficiencies, but it must be applied in the right ways," said Arvind Jain, CEO of Glean https://t.co/wcWJhoeFUm
So elated to be partnering with @jainarvind and the amazing team at @glean. AI augments knowledge workers and increases their productivity. Glean harnesses the power of RAGs, LLMs and state of the art search to make work fun again. I first got to partner with Arvind back in 201 7… https://t.co/Q14cpQSwhD




