The Technology team advised Weaviate.io on its $50 million Series B funding round led by Index Ventures with participation from Battery Ventures.

Weaviate's existing investors, including NEA, Cortical Ventures, Zetta Venture Partners, and ING Ventures also joined this round.

Weaviate is the developer of the popular Weaviate open source vector database. AI innovation is fueled by machine learning-generated embedding vectors data, which makes the Weaviate vector database an essential part of the AI-native infrastructure.

The Goodwin team was led by Joe Theis, Matt Reardon, Jason Goldfarb, Zara Mahmood, Amy Josselyn, Jason Wilcox, Charles Li, Justin Pierce, Jacqueline Klosek, Mark Burnett, and Scott Zilora.

For more details, read the press release.