We kept telling people that, look, we just raised, we have a lot of capital, and we feel fine... But then that inbound kept coming in.
The funding velocity for top AI startups is extremely rapid right now, with some raising multiple large rounds within months... creates risks of inflated valuations.
Glean has the kind of meteoric revenue growth that lights up the eyes of VCs, more than tripling annual recurring revenue over the past year.
The transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups.
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