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Anyscale Secures $100M Series C At $1B Valuation To Radically Simplify Scaling And Productionizing Ai Applications

Dec 08, 2021about 4 years ago

Amount Raised

$100 Million

Round Type

series c

San Francisco

Description

Anyscale, the company enabling instant scaling of AI applications, has secured $100 million in Series C funding at a $1 billion valuation, bringing the company’s total financing to $160 million. Andreessen Horowitz and Addition co-led the round with participation from existing investors NEA, Intel Capital and Foundation Capital. In addition, the company today announces the general availability of the Anyscale managed platform, which enables any developer and any organization to develop and instantly scale applications without the complexity of building and managing infrastructure.

Company Information

Company

Anyscale

Location

San Francisco, California, United States

About

Anyscale, the company founded by the creators of Ray, is accelerating the development and productionization of AI applications, at any scale, and enabling organizations to bring AI products to market faster and at lower costs.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech