Pinecone drops $100M investment on $750M valuation, as vector database demand grows
TechCrunch
APRIL 27, 2023
Today, the company announced a $100 million Series B investment on a $750 million post valuation. These kinds of numbers have been hard to come by in a conservative investment environment, but the company is growing fast and investors saw an opportunity to grab a market leader, says Pinecone CEO and founder Edo Liberty.
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