Modular Secures $100M To Build Tools To Optimize And Create Ai Models

Aug 24, 2023•over 2 years ago

Amount Raised

$100 Million

Palo Altoinformation technology & servicesSoftware

Description

Modular, a startup creating a platform for developing and optimizing AI systems, has raised $100 million in a funding round led by General Catalyst with participation from GV (Google Ventures), SV Angel, Greylock and Factory.

Company Information

Company

Modular

Location

Palo Alto, California, United States

About

Modular is building the unified, composable infrastructure that simplifies AI development and deployment. With products like MAX for scalable AI deployment and Mojo for high-performance, Python-compatible development, Modular breaks down barriers of high costs, complex tools, and closed platforms. Its mission is to make AI’s compute layer efficient, accessible, and open to all—empowering every developer to build and run AI anywhere, without limits.

Related People

2 contacts

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Modular Secures $100M To Build Tools To Optimize And Create Ai Models

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Related People

Funding Insights

Company Information