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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$113M
Headquarters
Redwood City, California
Founded
2017
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 platform for enterprises to manage their vector similarity search needs.
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Total Funding
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To overcome these hurdles, SambaNova is working with Zilliz, a cloud-native software company, to showcase the power of combining fast inference with efficient vector databases.
Search pixabayIn the dynamic world of generative AI, efficient data management and processing is critical. Zilliz Cloud, a fully managed vector database platform, has introduced the Cardinal vector search engine, claiming a tenfold performance enhancement in vector search capabilities. This advancement could significantly influence how businesses leverage large language models and retrieval-augmented generation for competitive advantage.Understanding Vector DatabasesVector databases handle high-dimensional data by converting complex information—such as text, images and audio—into numerical vectors. This functionality is essential for AI and ML applications, enabling features like semantic search, recommendation systems and pattern recognition.According to Markets and Markets, the global vector database market is projected to grow from $1.5 billion in 2023 to $4.3 billion by 2028, reflecting a compound annual growth rate of 23.3%. This growth underscores the increasing importance of vector databases in modern data infrastructure.Milvus is an open-source vector database developed by Zilliz, designed to manage and search large-scale vector data efficiently. It serves as the foundation for Zilliz Cloud, the company’s fully managed vector database service
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. As generative AI usage has grown dramatically in the last several years, vector databases have evolved from cutting-edge technology to essential enterprise infrastructure. With vector databases becoming more crucial, enterprises are taking an ever closer look at performance and cost. Zilliz, the company behind the open-source Milvus vector database, is announcing new features aimed at dramatically reducing costs and complexity for production deployments, addressing the growing demands of enterprise users who have moved beyond initial experiments to full-scale AI implementations.The timing is particularly relevant given the explosive growth in vector database adoption since late 2022, when OpenAI’s ChatGPT catalyzed widespread interest in AI applications. The new features specifically target enterprises struggling with growing deployment sizes and the complexity of managing vector databases in production environments. In just two years, deployment scales have grown from millions to billions of vectors
Zilliz Cloud Expands Global Footprint and Enhances Performance: Zilliz Cloud has significantly expanded its global footprint with the addition of the Tokyo AWS region, bringing its worldwide coverage to 12 regions.
Zilliz introduces Milvus 2.4 with GPU Indexing support for CAGRA.
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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$113M
Headquarters
Redwood City, California
Founded
2017
Find jobs on Simplify and start your career today