Fireworks AI raises $52M in Series B funding led by Sequoia Capital with participation from NVIDIA, AMD, and MongoDB
Amount Raised
$52 Million
Round Type
Series B
Redwood CitySoftwareArtificial Intelligenceinformation technology & servicesInvestors
Description
Fireworks AI, a Redwood City-based genAI inference platform provider, raised $52M in Series B Funding, with total capital raised to $77M. The round was led by Sequoia Capital, with participation from NVIDIA, AMD, and MongoDB. The company intends to use the funds to expand the team and enhance its platform, enabling developers to quickly move AI applications from prototype to production.
Quick answer
Fireworks AI raised $52 Million in a Series B round, dated July 11, 2024. Investors: Mongo Db, Amd, Nvidia and Sequoia Capital. Fireworks AI is based in Redwood City, California, United States.
- How much did Fireworks AI raise?
- Fireworks AI raised $52 Million in a Series B round on July 11, 2024.
- Who invested in Fireworks AI?
- Mongo Db, Amd, Nvidia and Sequoia Capital are named as investors in this round.
- What does Fireworks AI do?
- Fireworks is the fastest way to build, tune, and scale AI on open models.
- Where is Fireworks AI based and how big is it?
- Fireworks AI is based in Redwood City, California, United States. Fundz records about 330 employees.
- Who are the decision-makers at Fireworks AI?
- Fundz holds 3 contacts at Fireworks AI, including the Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as Fireworks AI that raised within 45 days of this round, from Fundz verified event records.
Who to call at Fireworks AI, and when
A new round usually means Fireworks AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fireworks AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fireworks AI, from your own LinkedIn network
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Funding Insights
What this usually meansFireworks AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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