Sept 10 (Askume) – Enterprise artificial intelligence search firm Glenn raised more than $260 million in a new funding round, boosting its valuation to $4.6 billion as investor interest in new startups deploying artificial intelligence services continues to grow.
The Series E funding round led by Altimeter and DST Global raised Glenn’s valuation from $2.2 billion in February .
The company uses conversational artificial intelligence assistants and large-scale language models, such as OpenAI’s GPT, which powers ChatGPT, to generate personalized answers to questions based on the company’s internal data.
Glean was founded in 2019 by former Google employees, and its customers include Reddit (RDDT.N) , Pinterest (PINS.N) , Databricks and others.
The company also announced new features that allow users to create “multi-step” prompts using natural language, eliminating the need for coding skills or quick engineering.
Co-founder and CEO Arvind Jain, who also co-founded data management startup Rubrik, said in February that the company planned to increase hiring.
