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Fireworks AI raises $52M in Series B funding led by Sequoia Capital with participation from NVIDIA, AMD, and MongoDB

Fireworks AI raises $52M in Series B funding led by Sequoia Capital with participation from NVIDIA, AMD, and MongoDB

07/11/24, 1:43 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgredwood city
Money raised
$52 million
Industry
machine learning
artificial intelligence
software
Round Type
series b
Investors
Mongo Db, Amd, Nvidia, Sequoia Capital
Fireworks AI, a Redwood City-based genAI inference platform provider, raised $52M in Series B Funding, with total capital raised to $77M. The round was led by Sequoia Capital, with participation from NVIDIA, AMD, and MongoDB. The company intends to use the funds to expand the team and enhance its platform, enabling developers to quickly move AI applications from prototype to production.

Company Info

Company
Fireworks.ai
Location
redwood city, california, united states
Additional Info
Fireworks.ai is a startup providing an open source model API with the aim of enabling developers to utilize generative AI capabilities quickly and efficiently.

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