# Pinecone Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pinecone-systems

- Industry: Software
- Headquarters: Belmont, US
- Website: www.pinecone.io
- Total disclosed funding: $138M
- Latest round: Series B (Apr 10, 2023)
- Investors on record: 5

## About

Based in California, US, and founded in 2019, Pinecone Systems, Inc., formerly known as HyperCube, operates as a developer vector database designed for machine learning real-time applications. The company offers vector personalization, ranking, personalization, semantic text search, image retrieval, data fusion, deduplication, recommendation, and anomaly detection. As of January 2021, the company operates in Silicon Valley, New York, and Tel Aviv. In April 2023, Pinecone Systems, Inc. raised USD 100 million in series B funding led by new investor Andreessen Horowitz, with participation from another new investor ICONIQ Capital. Returning investors Menlo Ventures and Wing also participated in the round.

The company offers a vector database intended to deploy large-scale machine learning applications. The vector-databased offers personalization, semantic text search, image retrieval, data fusion, deduplication, recommendation, and anomaly detection.

The company's revenue focus on developing and offering vector-based applications for large scale companies.

## Funding rounds

- Series B, Apr 10, 2023, $100M — Menlo Ventures, Andreessen Horowitz, ICONIQ Capital, Wing
- Series A, Feb 3, 2022, $28M — Menlo Ventures, Tiger Global Management, Wing
- Seed, Jan 27, 2021, $10M — Wing

## Investors

- Wing (https://capitalatlas.ai/funds/wing) — Seed, Series A, Series B
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series B