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- đź“ť Writer raises $200M
đź“ť Writer raises $200M
News of the Day
Writer has secured $200 million in Series C funding at a $1.9 billion valuation to grow its generative AI platform for enterprises. Led by Premji Invest, Radical Ventures, and ICONIQ Growth, and joined by investors like Salesforce Ventures and IBM Ventures, this funding brings Writer’s total raised to $326 million. CEO May Habib aims to use the funds to enhance Writer’s AI systems, focusing on secure, adaptable AI solutions for complex enterprise environments. Founded in 2020, Writer supports clients like Mars, Qualcomm, and Uber with tools including its Palmyra text generation models, customizable AI guardrails, and no-code development resources.
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Make great software that people actually want
— tobi lutke (@tobi)
2:48 PM • Nov 12, 2024
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Onwards and Upwards,