About Pinecone Systems
Pinecone Systems is a company based in San Mateo (United States) founded in 2016 by Edo Liberty. Pinecone Systems has raised $138 million across 3 funding rounds from investors including Andreessen Horowitz, Iconiq Capital and Menlo Ventures. Pinecone Systems offers products and services including Vector Database, Serverless Indexing, and Hybrid Search. Pinecone Systems operates in a competitive market with competitors including DataStax, Weaviate, Qdrant, LanceDB and SeMI Technologies, among others.
- Headquarter San Mateo, United States
- Founders Edo Liberty
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Pinecone Systems, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$138 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series B
Apr 27, 2023
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Investors
Andreessen Horowitz
& 4 more
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Employee Count
Not available
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Products & Services of Pinecone Systems
Pinecone Systems offers a comprehensive portfolio of products and services, including Vector Database, Serverless Indexing, and Hybrid Search.
Database for storing and querying vectors to enhance AI search capabilities
Automatic scaling service for real-time vector updates in AI workflows
Combines sparse and dense embeddings for accurate AI-driven queries
People of Pinecone Systems
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Funding Insights of Pinecone Systems
Pinecone Systems has successfully raised a total of $138M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Pinecone Systems
Pinecone Systems has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Andreessen Horowitz, Iconiq Capital and Menlo Ventures.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Provider of investment management and real asset services
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Investor details for Pinecone Systems
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Investments & Acquisitions by Pinecone Systems
Investment portfolio details for Pinecone Systems
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Financial Statements - Pinecone Systems
Detailed financials for Pinecone Systems
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Pinecone Systems Comparisons
Peer comparison for Pinecone Systems
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Competitors of Pinecone Systems
Pinecone Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DataStax, Weaviate, Qdrant, LanceDB and SeMI Technologies, among others.
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Cloud based database platform for enterprises
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Vector database for AI-powered search and applications is developed.
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AI-powered vector database for data search and management.
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Developer of a unified data platform designed for multimodal data
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Offers AI and cloud-based storage solutions for objects and vectors.
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Open source based vector database for AI app development
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Detailed competitors of Pinecone Systems
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Latest news on Pinecone Systems
Complete news archive for Pinecone Systems
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Frequently Asked Questions about Pinecone Systems
Pinecone Systems was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Pinecone Systems is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Edo Liberty is the current CEO of Pinecone Systems. They have also founded this company.
Pinecone Systems is a funded company, having raised a total of $138M across 3 funding rounds to date.
Pinecone Systems was founded in 2016 in San Mateo, United States, within the AI and machine learning sector. A cloud-based vector database is offered for similarity search in applications such as personalization, ranking, and semantic systems. Anomaly detection, image search, and data fusion capabilities are included. Custom data pipelines for preprocessing and postprocessing are enabled through frameworks like TensorFlow, PyTorch, and Scikit-learn. Subscription-based pricing is applied.
Pinecone Systems offers Vector Database, Serverless Indexing, and Hybrid Search.
Pinecone Systems has 5 investors. Key investors include Andreessen Horowitz, Iconiq Capital, Menlo Ventures, Wing Venture Capital, and Tiger Global.
The valuation of Pinecone Systems is $750M as of Apr 2023.