GLEAN is an enterprise AI search tool, which is very similar to that, but is limited by corporate data and content boundaries. Users can index dozens of applications, understand context, language, behavior, and employee relationships.Answer.
According to WSJ’s latest report, Glean is conducting a new round of US $ 250 million in financing plans with DST Global, with a valuation of double to $ 4.5 billion from 6 months ago.
As of February this year, GLEAN’s corporate customers have exceeded more than 200, and customers include Instacart, Pinterest, Reddit, Duolingo, Grammarly, Webflow, Confluence, and SONY.
GLEAN’s commercialization is mainly based on SaaS subscription fees. CEO Jain said that the customized price depends on the number of employees using the product monthly: subscription -based income; graded pricing structure; customized enterprise agreement; API access and data use; it is reported that, it is reported that, it is reported that, it is reported that, it is reported that,, it is reported that,, it is reported that,, it is reported that,, it is reported thatGlean’s early customers (such as Outreach) pay a unified cost of about $ 50,000 per year, regardless of the number of employees using the software.The current Glean subscription revenue is close to $ 55 million, and it is expected to reach $ 100 million by the end of this yearSurat Stock. The company is seeking customer bases in expanding financial services, retail and manufacturing industries.
Before the establishment of Glean, the founder Jain created Rubrik with others in 2014. This is a data security company. It has valued $ 1 billion in the valuation of more than a year from the hidden state.
When leading Rubrik, Jain and his team used technology stacks composed of more than 300 cloud applications.GLEAN’s products are based on the company’s knowledge and content, focusing on licensing and data governance.
GLEAN is equivalent to a layer above the company’s software applicationsMumbai Stock Exchange. Users can interact through network applications, new tab pages, sidebar search, machine search or SLACK requirements.
In addition to GLEAN’s search and chat, Glean also allows enterprises to use the company’s knowledge map to create their own generative AI applications.
Users can create session applications by restricting the referenceable data source, and publish them to perform tasks such as answering answers to answering common questions or processing human resources requests.
At present, the global company search market is expected to grow from US $ 10 billion in 2023 to US $ 270 billion in 2032. The growth factors behind them are attributed to the growing data and data complexity of continuous growth in the organization.
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Jinnai Wealth Management