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Vector Database Company Zilliz Raises $60 Million Series B Extension to Expand Its Operations in Silicon Valley

Retrieved on: 
Wednesday, August 24, 2022

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.

Zilliz Announces Key Contributions to Milvus 2.1, the Leading Open-Source Vector Database for Structured and Unstructured Data

Retrieved on: 
Wednesday, August 3, 2022

Milvus is one of the worlds most advanced vector databases, capable of managing massive quantities of both structured and unstructured data to accelerate the development of next-generation data fabric.

Key Points: 
  • Milvus is one of the worlds most advanced vector databases, capable of managing massive quantities of both structured and unstructured data to accelerate the development of next-generation data fabric.
  • With the introduction of more scalar data types, Milvus 2.1 is bridging this critical gap between data pools.
  • As data infrastructure for unstructured data, Milvus is revolutionary because it processes vector embeddings and not just strings.
  • Built by the engineers who created Milvus, the world's most popular open-source vector database , Zilliz is on a mission to unleash data insights with AI.