$24M for Atolio: Private AI-Powered Enterprise Search Gets Boost

Atolio, a San Francisco-based company, has secured $24M in total funding through its Series A round. The round was led by Translink Capital and saw participation from other prominent investors including IBM Ventures, Bloomberg Beta, Acorn Pacific Ventures, and Parameter Ventures.

The new capital will be used to accelerate product development, expand the company's organization, and scale overall operations. Atolio provides a private AI-powered platform for enterprise search, enabling organizations to securely connect and search siloed information across business systems.