News Summary

Glean, an enterprise AI startup, has raised $150 million in a Series F funding round led by Wellington Management, reaching a valuation of $7.2 billion. This funding comes less than a year after its Series E round, which valued the company at $4.6 billion. Since early 2024, Glean has raised a total of $610 million, significantly increasing its valuation from $2.2 billion. Founded in 2019 and based in Palo Alto, California, Glean provides AI-powered search tools for enterprise employees, integrating with applications like Salesforce, Microsoft Teams, and Zendesk. The company surpassed $100 million in annual recurring revenue in its last fiscal year. Other investors in the Series F round include Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital.