Hebbia raises $30M to launch an AI-powered document search tool – TechCrunch

Hebbia, a startup developing AI-infused search tools, today announced that it raised $30 million in a Series A round led by Index Ventures with participation from Radical Ventures. Of note, among the investors was Yahoo! co-founder Jerry Yang (full disclosure: Yahoo! is TechCrunch’s parent company) and Raquel Urtasun, a former head of AI research at Uber.

CEO George Sivulka says that the new cash will be put toward building out Hebbia’s engineering team and “accelerating development” of its product platform, in addition to expanding its customer acquisition efforts into professional services industries.

When TechCrunch last wrote about Hebbia, the company — founded by a team of Stanford AI researchers — was applying AI techniques to create search and summarization tools that could make sense of specialized domain knowledge. One of them was a Chrome plugin called Ctrl-F, which upgraded Chrome’s search functionality to go beyond text pattern matching with natural language processing,…

Read Full Story: https://techcrunch.com/2022/09/07/hebbia-raises-30m-to-launch-an-ai-powered-document-search-tool/

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