Private
8 months ago
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Zilliz

AI Business
San Francisco, California, USA
funded over $100 million

Category

AI Business
AI infrastructure

Zilliz, founded in 2017, specializes in developing vector database systems optimized for artificial intelligence (AI) and unstructured data analytics. Their flagship product, Milvus, is an open-source vector database designed to manage large-scale vector data efficiently, facilitating similarity search and recommendation tasks across various industries. By leveraging GPU hardware acceleration, Zilliz’s solutions enhance query performance, enabling users to reduce hardware, operation, and maintenance costs.

The company has attracted significant investment from a diverse group of investors. Notable backers include Hillhouse Capital, Prosperity7 Ventures, Pavilion Capital, 5Y Capital, and Yunqi Partners. In August 2022, Zilliz raised a $60 million extension to its initial $43 million Series B funding, bringing the total investment to $113 million.

What sets Zilliz apart is its focus on vector similarity search, a critical component in AI applications such as recommendation systems, image and speech recognition, and natural language processing. Traditional databases are not optimized for handling high-dimensional vector data, leading to inefficiencies in processing and querying. Zilliz addresses this challenge by providing a purpose-built vector database that enables rapid similarity searches, thereby enhancing the performance and scalability of AI-driven applications.

In the artificial intelligence landscape, Zilliz operates within the category of AI infrastructure, specifically focusing on vector data management and similarity search. Their technology underpins various AI applications by providing the necessary infrastructure to store, index, and retrieve high-dimensional vectors efficiently, facilitating the development and deployment of intelligent systems.

For more information, please visit zilliz.com.

 

 

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