Search results for Kleiner Perkins
AI & Enterprise
Parallel Web Systems raises Series B at $2 billion valuation for AI agent web search
Parallel Web Systems, an AI agent tools startup founded by former Twitter CEO Parag Agrawal, has raised $100 million in a Sequoia-led Series B round, TechCrunch reported on April 29. The company was valued at $2 billion in the deal. Existing investors including Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital and Terrain Capital also joined the round.
AI & Enterprise
Armadin founded by Kevin Mandia raises $189.9 million to build autonomous security agents
Kevin Mandia, who sold Mandiant to Google for $5.4 billion, has founded a new AI-based cybersecurity startup, Armadin, and raised funding. TechCrunch reported that the company secured $189.9 million in seed and Series A financing led by Accel, with participation from GV, Kleiner Perkins, Menlo Ventures, 8VC, Ballistic Ventures and In-Q-Tel. Armadin aims to build autonomous security agents that counter AI-driven attacks.
AI & Enterprise
Synthesia valuation tops $4 billion, allows employee share sales
British AI startup Synthesia has surpassed a $4 billion valuation and will allow employees to sell shares, TechCrunch reported on Jan. 26. The company has completed a $200 million Series E funding round with participation from GV, Kleiner Perkins, Accel, NEA and Nvidia NVentures. Synthesia provides corporate training solutions using AI avatars and counts Bosch, Merck and SAP as customers. Its annual recurring revenue has exceeded $100 million.