GeekWire October 28, 2024
Read AI is on a roll.
The Seattle startup, which sells enterprise productivity software tools fueled by generative AI, is adding 100,000 new accounts each week and has 75% of the Fortune 500 using its products. And it hasn’t spent a single dime on marketing.
The 3-year-old company announced a $50 million Series B round to accelerate growth — just six months after announcing a separate $21 million round.
“We’re growing faster than we ever thought we would,” said CEO David Shim.
New York-based Smash Capital, a new investor, led the round. Previous...
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