Glean closed $260M Series E round

Glean secured over $260 million in its Series E funding round, which was co-led by new investors Altimeter and DST Global. Participating investors in this round included new backers Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, alongside existing investors Coatue, General Catalyst, ICONIQ Growth, IVP, Kleiner Perkins, Lightspeed Venture Partners, and Sequoia Capital. This funding round valued Glean at $4.6 billion.

Glean is an enterprise AI company that provides a Work AI platform designed to connect and understand a company's knowledge to generate answers and automate work. The platform, which includes AI-powered enterprise search, an AI assistant, and capabilities to build custom generative AI applications, aims to help employees find information, generate content, and automate workflows by leveraging an organization's data. The company plans to use the new funding to accelerate AI innovation, customer acquisition, and global expansion of its Work AI platform, as well as to support the growing demand for its solutions.