Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round as venture capital investors search for winners in an ongoing deal spree.
The San Francisco-based company brought in $950 million in fresh capital at a $15.8 post-money valuation, led by Tiger and Google’s GV. Benchmark, Sequoia, Greenoaks and other existing investors also participated.
The startup was founded three years ago by OpenAI chairman and former Salesforce
co-CEO Bret Taylor, with former Google
executive Clay Bavor. Taylor was also chief technology officer at Facebook
