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RE: LeoThread 2025-10-16 17-25

in LeoFinance3 days ago

Part 8/14:

In June of the year of the interview, Arvin announced a significant funding round—approximately $150 million at a valuation of $7.2 billion. For him, this wasn't just about capital; it was a statement of confidence during a rapidly shifting market.

He explained that in the current AI boom, large enterprises are eager to transform using AI. They seek reliable partners with proven technology and a long-term vision. This funding allows Glean to reinforce its technological edge, expand its global reach, and convince Fortune 500 companies of its staying power.

"This funding was more of a statement than a necessity. It’s about reassuring enterprise customers that we’re here to stay." — Arvin Jen