SambaNova Systems Announces $250 Million Series C as It Continues to Set a New Course for the Future of Enterprise Computing
Amount Raised
$250 Million
Round Type
Series C
Palo AltoManufacturingHardwareSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingDescription
SambaNova Systems, the company building the industry’s most advanced systems platform to run artificial intelligence (AI) and data-intensive applications from the datacenter to the edge, announced today a $250 million Series C funding round to further accelerate the software capabilities of SambaNova’s next-generation computing platform. SambaNova Systems will continue to build out all areas of the organization, propelling the company into new market opportunities. The round is led by funds and accounts managed by BlackRock with participation from existing investors including GV, Intel Capital, Walden International, WRVI Capital and Redline Capital.
Quick answer
SambaNova raised $250 Million in a Series C round, dated February 25, 2020. SambaNova is based in Palo Alto, California, United States.
- How much did SambaNova raise?
- SambaNova raised $250 Million in a Series C round on February 25, 2020.
- What does SambaNova do?
- SambaNova Systems is an AI chip-maker that has evolved to offer a comprehensive enterprise AI training, development, and deployment platform.
- Where is SambaNova based and how big is it?
- SambaNova is based in Palo Alto, California, United States. Fundz records about 430 employees.
- Who are the decision-makers at SambaNova?
- Fundz holds 4 contacts at SambaNova, including the Chief Revenue Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Natural Language Processing around the same time
Companies in the same sectors as SambaNova that raised within 45 days of this round, from Fundz verified event records.
- Datavault AI raised $1.7M (Seed) on April 8, 2020.
- Q/C Technologies, Inc. raised $1.2M (Seed) on April 7, 2020.
- DEFINEDCROWD raised $19M on April 3, 2020.
- section.io Inc raised $3.8M (Seed) on March 23, 2020.
- Textio raised $7M on March 18, 2020.
- Datavault AI raised $835K (Seed) on March 12, 2020.
Who to call at SambaNova, and when
A new round usually means SambaNova is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SambaNova raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SambaNova, from your own LinkedIn network
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Related People
SambaNova 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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