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Glean nabs $150M in funding at $7.2B valuation

  • Glean Technologies Inc. secures $150 million in late-stage funding, led by Wellington Management, valuing the company at $7.2 billion.
  • The funding round was driven by the company's ambition to accelerate growth, not out of necessity, according to Glean founder and CEO Arvind Jain.
  • Glean offers AI productivity tools including Glean Search for data retrieval, Glean Assistant for AI assistance in tasks like data analysis and research, and Glean Agents for creating AI agents like debugging software code.
  • Glean plans to utilize the funding to expand its market presence, enhance product development, and grow its international customer base and partnerships.

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