CNBC September 10, 2024
Key Points
– AI-powered search startup Glean said Tuesday it has raised $260 million in a Series E funding round that values the tech company at $4.6 billion — more than double its last reported valuation.
– The round is being led by Altimeter and DST Global, and includes Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, all of which are new investors in the company.
– Glean competes with a herd of well-financed gen AI startups as well as tech giants, taking on Microsoft Copilot while aiming to disrupt a field of cognitive search tool providers such as Perplexity.
AI-powered search startup Glean said Tuesday it has raised $260 million in a funding round that values the tech...
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