Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!
Hit the Gong 🎉
Source: sales_bant_er
Daily Deals 💸
🌎 Americas
Pinecone has developed a vector database platform that offers real-time serving engines for deep learning retrieval applications, enabling developers to transform, search and rank billions of high dimensional vectors in milliseconds to provide long-term memory for AI development. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $100M, Series B
Round Investors: Andreessen Horowitz (lead), ICONIQ Growth, Menlo Ventures, Wing Venture Capital
🚀Growth Focus: Capitalize on the hypergrowth in AI, scaling its product, team, and customer acquisition efforts.
Press: VentureBeat, Business Wire
HQ: New York, NY
Industry: Software Development
Employee Count: 57 (⚡19 % increase in last 6 months)