Glean raised $200 million in its latest funding round co-led by Kleiner Perkins and Lightspeed Venture Partners to expand its team to 700 people and further develop its AI-powered products.

Mar 08, 2024•over 1 year ago

Amount Raised

$200 Million

Palo AltoSoftware

Investors

Lightspeed Venture PartnersKleiner Perkins

Description

Glean, a startup specializing in enterprise AI search and knowledge management solutions, has announced a successful funding round of $200 million, co-led by Kleiner Perkins and Lightspeed Venture Partners. The funding round has increased Glean's valuation to $2.2 billion, up from $1 billion in May 2022. The company plans to use the investment to double its team to 700 people and continue the development of its AI-powered products.

Company Information

Company

Glean

Location

Palo Alto, California, United States

About

Glean is the Work AI platform that helps everyone work smarter with AI. Glean Assistant gives every employee a powerful enterprise AI assistant that connects to and understands company data and internet data, and Glean Agents empowers everyone to create, use, and manage AI agents using natural language. Powered by Glean’s search and agentic reasoning engine, Glean’s agents automate work across the organization at scale, while ensuring permissions enforcement, full referenceability, governance, and security. With over 100 connectors, LLM choice, APIs for customization, and no need for costly professional services, Glean delivers scalable, turnkey implementation of a complex AI ecosystem on one centralized platform.

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