Anyscale Announces $40M in Series B Funding Led by NEA

Oct 21, 2020•over 4 years ago

Amount Raised

$40 Million

Round Type

series b

Berkeley

Description

Anyscale, the company behind the Ray open source project, today announced it has raised $40 million in Series B funding. Led by existing investor NEA, with participation from Andreessen Horowitz (a16z), Foundation Capital, and Intel Capital, the oversubscribed round brings Anyscale’s total funding to more than $60 million.

Company Information

Company

Nea

Location

Berkeley, California, United States

About

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With nearly $24 billion in cumulative committed capital since the firm’s founding in 1977, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of successful investing includes more than 230 portfolio company IPOs and more than 390 mergers and acquisitions. www.nea.com.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Anyscale Announces $40M in Series B Funding Led by NEA

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Related People

Company Information