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January 24, 2026
Latham & Watkins Advises Perplexity.AI in US$25.6 Million Series A Financing
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AI-made summary
- Perplexity.ai, an AI-powered search and discovery engine, has secured US$25.6 million in a Series A funding round led by Peter Sonsini of New Enterprise Associates
- The round included participation from previous investors such as Elad Gil, Nat Friedman, Jeff Dean, and Bob Muglia, as well as new investors including Susan Wojcicki, Paul Buchheit, Soleio, and Databricks Ventures
- Latham & Watkins LLP advised Perplexity on the financing and related legal matters.
Perplexity.ai, an AI software led search and discovery engine, has announced it has raised US$25.6 million in a Series A funding round. The investment was led by Peter Sonsini of New Enterprise Associates (Board member, Databricks) with participation from seed round investors Elad Gil (Founder, Color Health), Nat Friedman (Former CEO of GitHub), Jeff Dean (SVP, Google AI), and Bob Muglia (Former President of Microsoft), as well as new investors Susan Wojcicki (Former CEO of Youtube), Paul Buchheit (Creator of Gmail), Soleio (Designer of Messenger, Dropbox), and Databricks Ventures. Latham & Watkins LLP represents Perplexity in the financing with a corporate team led by Bay Area partners Ben Potter and Michael Podolny, with associate Justin Tzeng. Advice was also given on intellectual property matters by Bay Area partners Tony Klein and Michelle Gross; and on benefits and compensation matters by Bay Area partner Ashley Wagner.~~
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