Perplexity Completes Series B Funding, Valuation Reaches $520 Million
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Generative AI search engine Perplexity has announced the completion of its Series B funding, raising $73.6 million with a valuation of $520 million. This round of funding saw participation from several renowned venture capital firms and tech leaders, including IVP, NEA, NVIDIA, and Jeff Bezos. Perplexity, a company that provides AI-driven search services, has amassed 10 million active users over the past year, answering over 5 billion queries, and has become one of the few consumer AI products with such a large user base. The company's vision is to become the global preferred platform for accessing reliable information, addressing the issues of information overload and AI hallucinations through the provision of accurate and transparent search results. This funding marks a significant milestone for Perplexity, highlighting its growing influence in the AI-native search domain.
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