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Venture Capital News: PineconeSystems Exits Stealth With $10M

SUNNYVALE, CA, PineconeSystems, a machine learning (ML) cloud infrastructure company, left stealth today with $10 million in seed funding.
The investment was led by Wing Venture Capital, and Wing's Founding Partner, Peter Wagner, will be joining the Pinecone board. Built by the team behind Amazon SageMaker and founded by scientist and former AWS Director Edo Liberty, Pinecone makes large-scale real-time inference as simple as querying a database. It is available for self-onboarding today.

Pinecone has built the first serverless vector database to enable the next generation of artificial intelligence (AI) applications in the cloud. Its engineers built ML platforms at AWS (Amazon SageMaker), Facebook, Yahoo, and Google and its scientists published more than 100 academic papers and patents on machine learning, data science, systems, and algorithms.
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