Foundry raised $80M in seed and Series A funding co-led by Sequoia Capital and Lightspeed Venture Partners to build a new breed of public cloud for AI/ML workloads.

Foundry raised $80M in seed and Series A funding co-led by Sequoia Capital and Lightspeed Venture Partners to build a new breed of public cloud for AI/ML workloads.

03/21/24, 3:57 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpalo alto
Money raised
$80 million
Industry
information technology
Round Type
series a
Investors
Nea, Conviction, Microsoft Ventures (M12), Redpoint, Lightspeed Venture Partners, Sequoia Capital
Foundry announced $80 million in seed and Series A funding co-led by Sequoia Capital and Lightspeed Venture Partners, with participation from Redpoint, Microsoft Ventures (M12), Conviction, NEA, and other leading technical and commercial minds from the industry. The funding will be used to expand its operations, improve product offerings, and establish more strategic partnerships.

Company Info

Company
Foundry
Location
palo alto, california, united states
Additional Info
A new breed of public cloud, backed by an orchestration platform that makes accessing AI compute as easy as turning on the light.

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