Lambda Raises $24.5M To Build Gpu Cloud And Deep Learning Hardware
PRIVATEJul 21, 2021
Amount Raised
$24.5 Million
Round Type
Funding Round
San FranciscoArtificial IntelligenceMachine LearningCloud InfrastructureSoftware Development
Description
Lambda, a leading provider of deep learning GPU cloud services and computing hardware, today announced that it has raised $24.5M in financing. Primary investors include 1517, Gradient Ventures, Bloomberg Beta, Razer, and Georges Harik. This financing round consists of a $15M Series A equity round and a $9.5M debt facility provided by Silicon Valley Bank.
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Company Information
Company
Lambda
Location
San Francisco, California, United States
About
Lambda is a San Francisco-based provider of an AI cloud infrastructure platform. The company builds supercomputers for AI training and inference, catering to AI researchers, enterprises, and hyperscalers. Their platform offers dedicated compute services and GPU asset-backed financing structures. Lambda's mission is to make compute as ubiquitous as electricity.
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San FranciscoArtificial IntelligenceMachine LearningCloud InfrastructureSoftware Development