Mark Matta

Today is a special day for all of us at @atolio. We’re announcing our Series A, sharing more about our journey, and what we’re working toward over the next several years. @lanstein, @garethwatts and I started Atolio over half a decade ago with the same mission we hold today: helping organizations safely discover, find, and organize their collective knowledge. Over that time, there have been dozens of attempts to solve this challenge, commonly known as enterprise search, but few have prevailed. Since the rise of AI assistants in late 2022 and early 2023, there's been an overwhelming amount of interest across large companies in finding ways for companies to adopt AI with their collective knowledge built in. What’s been missing, however, is a solution that doesn’t require sending all of a company’s data outside its own environment. At Atolio, we believe every employee should be able to leverage AI to work smarter by tapping into their organization’s collective knowledge, while maintaining the privacy and security enterprises demand. Today, we’re thrilled to announce the close of Atolio’s Series A, led by @translink_cap along with new investors @IBM and @acornpacific and existing investors @BloombergBeta and @ParameterVC . To date, we’ve raised $24M in funding to bring secure, AI-powered enterprise search to the world’s largest enterprises and organizations. We’re still a small team, but we’re hiring aggressively across engineering and go-to-market roles to help us achieve our mission. For all the details, check out our blog post in the next post LFG!