Zilliz

Cloud-based vector database service provider

Shanghai, Shanghai, China

About Zilliz

Zilliz provides a cloud-based vector database service that specializes in vector search applications, catering to over 5000 enterprises globally. Its main product, Zilliz Cloud, is a fully-managed service that simplifies the deployment and scaling of vector search applications, allowing businesses to avoid the complexities of infrastructure management. The platform is designed for high performance and reliability, capable of handling large-scale vector data and scaling up to 500 compute units to serve tens of billions of items. Zilliz differentiates itself from competitors by offering a versatile platform that integrates well with various tech stacks and prioritizes customer experience and data security, boasting a 99.9% uptime and compliance with SOC 2 standards. The company's goal is to provide an easy-to-use, secure, and efficient solution for enterprises looking to leverage vector similarity search services.

Shanghai, ChinaHeadquarters
2017Year Founded
$109.9MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Unlimited Paid Time Off
401(k) Company Match
Company Equity

Risks

Increased competition from Microsoft and Snowflake threatens Zilliz's market share.
Rapid vector database adoption may lead to market saturation.
Zilliz's reliance on cloud infrastructure poses data sovereignty and compliance risks.

Differentiation

Zilliz offers a cloud-based vector database service trusted by over 5000 enterprises.
Milvus, Zilliz's open-source vector database, is widely adopted in the industry.
Zilliz Cloud BYOC enhances data sovereignty and compliance for organizations.

Upsides

Zilliz Cloud's Cardinal engine boosts vector search performance tenfold.
Zilliz's expansion into Tokyo AWS region enhances global service reach.
Growing vector database adoption presents significant market opportunities for Zilliz.

Funding

Total raised$109.92 M
Latest valuation$300.00 M
StageSERIES_B