Fundz

Vectara Lands $28.5M To Supercharge Enterprise Search

PRIVATEJun 13, 2023

Amount Raised

$28.5 Million

Round Type

Funding Round

Palo AltoArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & services

Description

Some years ago, three former Googlers — Amr Awadallah (who previously founded Cloudera), Amin Ahmad and Tallat Shafaat — set out to build what they describe as a “conversational search” platform for the enterprise. Their goal was to help organizations unlock data from their text-based files, chiefly by empowering developers to build conversational AI apps that can retrieve and summarize text from vast corporate data stores.

Quick answer

Vectara raised $28.5 Million in a Funding Round round, dated June 13, 2023. Vectara is based in Palo Alto, California, United States.

How much did Vectara raise?
Vectara raised $28.5 Million in a Funding Round round on June 13, 2023.
What does Vectara do?
Vectara is a GenAI Conversational Search platform that leverages semantic & exact match search to allow you to have a #chatGPT like conversation with your data.
Where is Vectara based and how big is it?
Vectara is based in Palo Alto, California, United States. Fundz records about 76 employees.
Who are the decision-makers at Vectara?
Fundz holds 1 contact at Vectara, including the Vice President of Global Sales. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and information technology & services around the same time

Companies in the same sectors as Vectara that raised within 45 days of this round, from Fundz verified event records.

  • Cranium Al raised $4.7M (Seed) on May 10, 2023.
  • Akkio raised $15M (Funding Round) on July 26, 2023.
  • SoapBox Labs raised an undisclosed amount (Funding Round) on July 18, 2023.
  • SpeedyBrand raised $2.5M (Seed) on July 17, 2023.
  • Verses Technologies raised $871K (Seed) on July 6, 2023.
  • Parrot AI raised $11M (Series A) on June 20, 2023.

Who to call at Vectara, and when

A new round usually means Vectara is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Vectara raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Vectara, from your own LinkedIn network

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Company Information

Company

Vectara

Location

Palo Alto, California, United States

About

Vectara is a GenAI Conversational Search platform that leverages semantic & exact match search to allow you to have a #chatGPT like conversation with your data. Our 100% neural natural language understanding (NLU) technology provides radical increases in semantic relevance. Instead of a list of results a la legacy keyword-based systems, we provide a direct answer to the user's input prompt. Vectara’s complete neural pipeline is available as a service through an API-first platform that allows developers to easily add semantic answer serving within their applications.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Vectara raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsJoe L., Vice President of Global SalesSee plans and pricing
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Vectara raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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