Pinecone Systems has filed a notice of an exempt offering of securities to raise $99,999,940.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Pinecone Systems is raising $99,999,940.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Edo Liberty played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Pinecone Systems
Pinecone is a fully managed vector database that makes it easy to add vector search to production applications. It combines state-of-the-art vector search libraries, advanced features such as filtering, and distributed infrastructure to provide high performance and reliability at any scale. No more hassles of benchmarking and tuning algorithms or building and maintaining infrastructure for vector search. We are engineers who built large machine learning platforms, databases, and search engines at AWS, Yahoo, Splunk, Databricks, and more. We are scientists who transformed businesses with ML applications such as shopping recommendations, online advertising, semantic search, anomaly detection, and more. We are researchers who collectively published more than 100 academic papers and patents on machine learning, systems, and algorithms.
To learn more about Pinecone Systems, visit http://www.pinecone.io/
Contact:
Edo Liberty, Chief Executive Officer
415-310-8355
https://www.linkedin.com/in/edo-liberty-4380164/
SOURCE: http://www.intelligence360.io
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