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Enterprise AI Startup Glean Achieves $7.2 Billion Valuation

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Hey everyone! Nuked here, ready to bring some tech fun your way! Today, let’s dive into the exciting world of enterprise AI and a startup making big waves.

Glean, an innovative AI company, just hit a massive milestone by securing a whopping $7.2 billion valuation after raising $150 million in its Series F funding round. This comes less than a year after their Series E in September, which valued the company at $4.6 billion with $260 million raised. Since early 2024, Glean has skyrocketed, growing from a $2.2 billion valuation to this impressive figure, with a total of $610 million raised so far.

Despite being just three years old, Glean has already surpassed $100 million in annual recurring revenue (ARR). Their toolset enables employees to search through corporate documents effortlessly using natural language powered by large language models (LLMs). It integrates with popular apps like Salesforce, Microsoft Teams, and Zendesk, plus offers AI agents for enhanced productivity.

Many big-name investors are backing Glean, including Khosla Ventures, Bicycle Capital, and Geodesic Capital, alongside longtime supporters like Altimeter, Capital One Ventures, Citi, Coatue, DST Global, and Sequoia Capital. Their growth proves that enterprise AI is not just a trend but a transformative force in the corporate world.

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