Tech Company Financing Transactions
Vectara Funding Round
Vectara, operating out of Cupertino, secured $28.5 million from Race Capital and Databricks.
Transaction Overview
Company Name
Announced On
5/30/2023
Transaction Type
Venture Equity
Amount
$28,500,000
Round
Seed
Investors
Race Capital (Lead Investor)
Databricks (Matei Zaharia)
Proceeds Purpose
Vectara aims to ground generative AI conversational search without hallucinations
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Undisclosed
Website
Email Address
Overview
The smartest, most efficient website and app search platform that doesn't start with a "G." Cloud-native, API-driven semantic search built to serve the world's largest sites and applications at blazing fast speeds. Using the most advanced research in AI, Vectara rethinks the prior 30 years of information retrieval and its reliance on keywords.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Amin Ahmad
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