Harmonic, an AI company based in Palo Alto, CA, has raised $75M in Series A funding, bringing its post-money valuation to $325M. The company is focused on advancing Mathematical Superintelligence (MSI) and is positioned for rapid growth with this new investment.
- Funding Details: Harmonic successfully raised $75M in Series A funding, bringing its valuation to $325M. The round was led by Sequoia Capital, with additional backing from Index Ventures, Era Funds, GreatPoint Ventures, DST Global, Nikesh Arora, and Jared Leto.
- Leadership & Board Changes: Sequoia partner Andrew Reed will join Harmonic’s board of directors, providing strategic guidance. Additionally, Index Ventures partner Jan Hammer will serve as an observer, adding further expertise to the team.
- Technology Focus: Harmonic’s key innovation is Mathematical Superintelligence (MSI), an AI that ensures mathematical accuracy and prevents hallucinations.
This funding will fuel Harmonic’s mission to lead the charge in advancing MSI, driving rapid growth and innovation across multiple industries.