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New Deal


Announced

Completed

Kleiner Perkins and Lightspeed Venture led a $200m Series D round in Glean.

Synopsis

Kleiner Perkins, a venture capital company, and Lightspeed Venture, a venture capital company, led a $200m Series D round in Glean, an AI-powered work assistant, with participation from Sequoia Capital, Coatue, ICONIQ Growth, IVP, Latitude Capital, Adams Street, Capital One Ventures, Citigroup, Databricks Ventures, Workday Ventures and General Catalyst. “We are at the beginning of one of the biggest transformations in technology; generative AI is an incredibly powerful technology that will unleash productivity and new efficiencies, but it must be applied in the right ways to be useful and safe in the enterprise. Our approach to bringing generative AI into the enterprise has centered around the powerful search and RAG technology that’s critical for making LLMs useful in the enterprise, and the customer success we’ve seen in the last year validates our approach,” Arvind Jain, Glean Co-Founder and CEO.

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