Tech Company Financing Transactions
Marqo Funding Round
On 8/16/2023, Marqo raised $5.2 million in Seed funding from Blackbird Ventures, Creator Fund and private investors.
Transaction Overview
Company Name
Announced On
8/16/2023
Transaction Type
Venture Equity
Amount
$5,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to scale its existing cloud service and build search technology that learns from user engagement to continuously improve relevance.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
515 Mission St,
San Francisco, CA 94105
US
San Francisco, CA 94105
US
Phone
Undisclosed
Website
Email Address
Overview
Marqo is more than a vector database, it's an end-to-end vector search engine. Vector generation, storage and retrieval are handled out of the box through a single API. No need to bring your own embeddings. Marqo cloud is the fastest way to take your existing code to production. Simply update your URL and API key to have all your existing code run on our scalable cloud infrastructure where you can allocate as much or as little compute infrastructure as you need to support your application.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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