November 29, 2022

A-Recovery

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Golden Raises $14.5M To Build An Intelligent Knowledge Database

Golden announced that it has raised $14.5 million in Series A funding to build a wiki-style database of tech knowledge. The round was led by Andreessen Horowitz. Additionally, Vela Partners, Socii Capital, Harpoon, Gigafund, Data Collective DCVC also joined the round. With this round, Marc Andreessen joining the startup’s board of directors.

The startup was founded by Jude Gomila, previously sold his mobile advertising company Heyzap to RNTS Media. With Golden, Gomila’s mission is to build a “knowledge base” that can fill in Wikipedia’s blind spots, particularly when it comes to emerging technologies and startups. The company combines artificial intelligence and human effort to make the process of gathering and communicating knowledge simpler.

In contrast to Wikipedia, which relies mostly on community editing, Gomila said to TechCrunch, most of the data in Golden is gathered using artificial intelligence and natural language processing: “We’re using AI to extract information from the news, from websites, from public databases.

Customers of Golden are mostly private equity firms, hedge funds, VCs, biotechnology companies, corporate innovation offices, and government agencies. Also, Golden also announced along with the funding that it has landed a $1 million contract with the U.S. Air Force to help fight COVID-19 with information and knowledge derived from fragmented public sources.

With this new funding, Golden has raised $19.5 million to date.