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Sambanova Systems Raises $676M In Series D, Surpasses $5B Valuation And Becomes World’S Best-Funded Ai Startup

PRIVATEApr 13, 2021

Amount Raised

$676 Million

Round Type

Series D

Palo AltoManufacturingHardwareSoftwareArtificial IntelligenceMachine LearningNatural Language Processing

Description

SambaNova Systems, the company building the industry’s most advanced software, hardware and services to run AI applications, today announced a $676 million Series D funding round led by SoftBank Vision Fund 2*. The round includes additional new investors Temasek and GIC, plus existing backers including funds and accounts managed by BlackRock, Intel Capital, GV (formerly Google Ventures), Walden International and WRVI.

Quick answer

SambaNova raised $676 Million in a Series D round, dated April 13, 2021. SambaNova is based in Palo Alto, California, United States.

How much did SambaNova raise?
SambaNova raised $676 Million in a Series D round on April 13, 2021.
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.

  • SiMa.ai raised $80M on May 26, 2021.
  • CoLabs QOF raised $954K (Seed) on May 18, 2021.
  • Edge Impulse raised $15M on May 18, 2021.
  • SiMa.ai raised $80M (Series B) on May 11, 2021.
  • IntelePeer raised $110M (Funding Round) on May 25, 2021.
  • Zeta Global raised $250M (Funding Round) on May 24, 2021.

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.

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Company Information

Company

SambaNova

Location

2100 GENG ROAD

Palo Alto, California, United States

About

SambaNova Systems is an AI chip-maker that has evolved to offer a comprehensive enterprise AI training, development, and deployment platform. Founded in 2017 in Palo Alto, California, the company has positioned itself as a formidable contender in the AI industry.

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Related People

4 contacts
Verified contactsHarry A., Chief Revenue Officer hidden hiddenSee plans and pricing
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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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