TechFlow news — Glenen, a chatbot service provider, has raised $4.9 million in an oversubscribed funding round. Investors include Slow Ventures, 6th Man Ventures, South Park Commons, Spartan Group, CoinShares, Anatoly Yakovenko (co-founder of Solana), Mike Derezin (former COO of Chainlink), Will Papper (co-founder of Syndicate, a decentralized investment protocol), and ISM Angels. The new funds will be used to expand the team, and accelerate product development, sales, and marketing efforts.
Initially launched by providing a Discord chatbot to a Web3 client, Glenen now serves mostly non-Web3 customers. The company currently has eight employees and serves over ten clients, who pay based on the number of conversations generated by the bots.
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