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Lambda Raises $24.5M To Build Gpu Cloud And Deep Learning Hardware

Jul 21, 2021about 4 years ago

Amount Raised

$24.5 Million

San Francisco

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.

Company Information

Company

Lambda

Location

San Francisco, California, United States

About

Founded and led by AI and ML engineers, Lambda provides deep learning computing infrastructure including GPU cloud services, servers, GPU clusters, GPU workstations, and GPU laptops to customers such as Apple, Intel, Microsoft, Amazon Research, Tencent, Kaiser Permanente, MIT, Stanford, Harvard, Caltech, and the Department of Defense. Find out more at www.lambdalabs.com.

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