Vector Database Company Zilliz Raises $60 Million Series B Extension to Expand Its Operations in Silicon Valley
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Wednesday, August 24, 2022
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Zilliz, a leading vector database company and the inventor of Milvus , announced today that it has raised a $60 million extension to its initial $43 million Series B .
Key Points:
- Zilliz, a leading vector database company and the inventor of Milvus , announced today that it has raised a $60 million extension to its initial $43 million Series B .
- Following the opening of its Silicon Valley headquarters, Zilliz will use this influx of funding to expand both engineering and go-to-market teams.
- This will enable Zilliz to double-down on its continuous commitment to open source and further enhance its managed cloud offering .
- Zilliz is at the forefront of this mission, providing the vector database that is both cloud native and capable of processing billion-scale vector data in milliseconds.