Atolio, an AI-powered platform that helps enterprises search and connect information more effectively, has secured its Series A funding. The round was led by Translink Capital, with IBM Ventures, Bloomberg Beta, Acorn Pacific Ventures, and Parameter Ventures.
Since its launch in 2019, Atolio has rapidly expanded its footprint across industries by offering a fully private, enterprise-grade solution. In just the last three quarters, the company secured several seven-figure contracts, proving both market demand and customer trust. With this new funding, Atolio plans to speed up product innovation, grow its team, and scale operations to keep up with rising demand.
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Highlighting the company’s mission, David Lanstein, co-founder and CEO of Atolio, said: “We are excited to build on our leadership as the safe and secure way that enterprises connect siloed systems of information. A company’s knowledge is the work product of their people, and we exist to help our clients access and leverage the knowledge they have been accruing over many years to help them run better businesses and organizations.”
Industry leaders have already recognized Atolio’s value. Earlier this year, during an earnings call, Michael Hansen, CEO of Cengage, emphasized its role: “We are investing in automation to drive internal efficiencies like an AI-powered search with products such as Atolio to improve the availability of product and customer information to Sales and Marketing teams and reduce the effort required to find answers to day-to-day problems. We believe these tools will significantly increase productivity of our go to market teams.”
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Investors also underlined the platform’s unique positioning. Jackie Yang, General Partner at Translink Capital, noted: “Enterprise search is a key application where businesses can harness the power of generative AI, but protecting sensitive data remains a top priority. Organizations often require solutions that operate entirely within their own infrastructure to ensure data security. After receiving a request from a major financial institution, we sought a search platform that could be deployed on-premises or in the client’s private cloud. Atolio stands out as the only AI-powered enterprise search engine that guarantees your data stays protected in your preferred environment. We’re excited to lead Atolio’s Series A funding round, as many companies in the Translink network want to implement Atolio’s secure, AI-driven search solution.”
Furthermore, IBM highlighted its strategic investment in Atolio. Emily Fontaine, Global Head of Venture Capital at IBM, stated: “IBM’s investment in Atolio underscores our commitment to solving a critical challenge that enterprises are facing today: unlocking and connecting knowledge across complex, siloed organizations. Atolio’s AI-powered platform is designed to deliver secure, seamless access to information, empowering enterprise teams to work smarter, faster, and with greater confidence. We look forward to supporting Atolio in their mission of transforming how businesses operate through innovation and solution-oriented services.”
With this momentum, Atolio is set to redefine enterprise search by combining the power of generative AI with uncompromising data security, ensuring enterprises can access their knowledge base securely, efficiently, and with confidence.
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