Together AI Raises $3.3 Billion in Latest Funding Round
San Francisco, California – March 9, 2023 – Together AI, a leading provider of AI-powered content management solutions, announced today that it has secured a $305 million Series C funding round, valuing the company at $3.3 billion.
The round was led by General Catalyst, with participation from returning investors Salesforce Ventures and Coatue. New investors in this round include chip giant Nvidia and other notable venture capital firms.
This latest funding brings Together AI's total funding raised to date to over $500 million. The company plans to use the funds to expand its product offerings, hire additional talent, and accelerate its international growth.
Together AI's AI-powered platform enables businesses to create, manage, and optimize their content across multiple channels, including websites, social media, and email. The platform uses machine learning and natural language processing to analyze data and deliver personalized content experiences for each customer.
"We are thrilled to have received such strong support from investors in this round," said Jack Chen, CEO of Together AI. "This funding will help us continue to build on our momentum and bring our AI-powered content solutions to more businesses worldwide."
Since its founding in 2017, Together AI has experienced rapid growth, serving thousands of customers across a wide range of industries. The company has offices in San Francisco, California; New York City, New York; and London, United Kingdom.