Enterprise AI platform Glean has secured $150 million in Series F funding, increasing its valuation to $7.2 billion. The funding round was led by Wellington Management, with participation from new investors such as Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital. Long-standing investors, including Sequoia Capital, Lightspeed, ICONIQ, DST Global, Kleiner Perkins, and Capital One Ventures also took part.

According to the company, the additional funds will facilitate product innovation, the growth of its partner ecosystem, and international expansion. CEO Arvind Jain mentioned in a blog post that this financing round was not out of necessity, but rather a bold move to propel the company into its next growth stage.

Glean announced that it has surpassed $100 million in annual recurring revenue since its last funding round in September. Multiple Fortune 500 firms are now utilizing its Glean Work AI platform, with the Glean Agents platform responsible for over 100 million agent actions each year.

The company’s inaugural user conference, Glean: GO, drew more than 10,000 participants both in person and online. During the event, it unveiled new partnerships with Dell, Palo Alto Networks, Snowflake, and Workday.

Glean aims to address the challenge of fragmented enterprise knowledge dispersed across disconnected applications. Though enterprises possess extensive knowledge, they often lack a dependable means to access it for critical decision-making.

From the outset, Glean’s platform was engineered so every action is thoroughly authenticated, adheres to underlying data permissions, and is regulated by enterprise safeguards. Recently, it introduced Glean Protect, which focuses on proactive security for customer data, AI, and agents.

The platform connects with over 100 SaaS applications and data sources, utilizing a knowledge graph to provide context regarding people, data, and processes. Customers maintain complete control over their information, and Glean provides open APIs to prevent lock-in.

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Matt Witheiler, Head of Late-Stage Growth at Wellington Management says, “Glean’s innovative approach and rapid growth are truly impressive, and we believe they are well positioned to be a leader in the future of enterprise AI.”

Glean has grown to more than 850 employees globally and is expanding to new regions.