Perplexity, the AI-powered search startup that compete with Google by providing conversational answers to user queries, has secured $200 million in new capital at a $20 billion valuation, The Information reported . The fresh funding comes just two months after the company raised $100 million at an $18 billion valuation, according to Bloomberg’s July report .
Since its founding three years ago, the rapidly growing AI company has raised $1.5 billion in total funding, according to PitchBook data. It’s unclear who led Perplexity’s latest capital injection. Bloomberg reported that the July financing was an extension of a previous $500 million round completed earlier this year at a $14 billion valuation, which came just months earlier, a deal that was led by Accel.
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