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SambaNova Systems Announces $250 Million Series C as It Continues to Set a New Course for the Future of Enterprise Computing

Feb 25, 2020•over 5 years ago

Amount Raised

$250 Million

Round Type

series c

Palo Alto

Description

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.

Company Information

Company

Samba Nova Systems

Location

Palo Alto, California, United States

About

SambaNova Systems is building the industry’s most advanced systems platform to run AI applications from the data center to the cloud and to the edge. Founded in November 2017 in Palo Alto, California by industry luminaries, hardware and software design experts, world-class innovators from Sun/Oracle, and Stanford University. SambaNova Systems’ mission is to bring AI innovations that have been developed in advanced research to organizations around the world, helping to create AI for everyone, everywhere. Headquartered in Palo Alto, Calif., the company’s investors include SoftBank Vision Fund 2, funds and accounts managed by BlackRock, Intel Capital, GV, Walden International, Temasek, GIC, Redline Capital, Atlantic Bridge Ventures, WRVI Capital and several others. For more information please visit us at sambanova.ai or contact us at info@sambanova.ai.

Company News

(10 articles)
Thu, 13 Feb 2025 08:00:00 GMT

SambaNova Launches the Fastest DeepSeek-R1 671B with the Highest Efficiency - SambaNova

Wed, 15 Jan 2025 08:00:00 GMT

AI Leadership Survey Exposes Readiness Gap: Most Enterprises Are Unprepared For AI's Power Demand - SambaNova

Mon, 18 Nov 2024 08:00:00 GMT

Argonne National Laboratory Deploys SambaNova Suite to Advance AI Inference In Science Research - SambaNova

Tue, 04 Feb 2025 08:00:00 GMT

Tülu 3 405B: Fast Inference on SambaNova Cloud - SambaNova

Tue, 07 Jan 2025 08:00:00 GMT

AI 2025 Predictions: 9 Key Trends Shaping the Future of AI - SambaNova

Wed, 15 Jan 2025 08:00:00 GMT

Multi-Agent AI Workflows with CrewAI on SambaNova - SambaNova

Thu, 13 Feb 2025 08:00:00 GMT

Run DeepSeek 671B on SambaNova Cloud - Get Access Today - SambaNova

Tue, 03 Dec 2024 08:00:00 GMT

Zilliz: Powering AI RAG Applications with Vector Embeddings - SambaNova

Tue, 10 Sep 2024 07:00:00 GMT

Why SambaNova's SN40L Chip Is the Best for Inference - SambaNova

Tue, 18 Mar 2025 07:00:00 GMT

SambaNova Named #4 on Fast Company’s Most Innovative Companies of 2025 List - Business Wire

FundzWatch™ Score

72
Medium Activity

Funding Insights

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