Tech Company Financing Transactions

Marqo Funding Round

Lightspeed Venture Partners, Blackbird Ventures and private investors participated in a $12.5 million Series A funding round for Marqo. The round was announced on 2/13/2024.

Transaction Overview

Company Name
Announced On
2/13/2024
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors

Lightspeed Venture Partners (Lead Investor) (Hemant Mohapatra)

Blackbird Ventures

private investors (Rob Skillington)

January Capital

Proceeds Purpose
The funding will be used to advance the adoption of its next generation search platform, which unlocks the massive value of unstructured data across business-critical applications like end-user search, retrieval-augmented generation, and more.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
515 Mission St,
San Francisco, CA 94105
US
Phone
Undisclosed
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.
Profile
Marqo LinkedIn Company Profile
Social Media
Marqo Company Twitter Account
Company News
Marqo News
Facebook
Marqo on Facebook
YouTube
Marqo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Pandu Kerr
  Pandu Kerr LinkedIn Profile  Pandu Kerr Twitter Account  Pandu Kerr News  Pandu Kerr on Facebook
Co-Founder
Jesse Clark
  Jesse Clark LinkedIn Profile  Jesse Clark Twitter Account  Jesse Clark News  Jesse Clark on Facebook
Co-Founder
Tom Hamer
  Tom Hamer LinkedIn Profile  Tom Hamer Twitter Account  Tom Hamer News  Tom Hamer on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/13/2024: Sudo Biosciences venture capital transaction
Next: 2/13/2024: CTC Global venture capital transaction

 

Share this article

 


Where The Data Comes From

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary