Tel Aviv-based Run:ai, a startup that makes it easier for developers and operations teams to manage and optimize their AI infrastructure, today announced that it has raised a $75 million Series C funding round led by Tiger Global Management and Insight partners, which also led the company’s $30 million Series B round in 2021. Previous investors TLV Partners and S Capital VC also participated in this round, which brings Run:ai’s total funding to $118 million.

Its annual recurring revenue grew 9x in the last year, while its staff more than tripled, the company tells me. “With Run:ai coordinating job scheduling on inference servers, maximal throughput and low latency are maintained while optimizing GPU utilization to nearly 100%.”The company plans to use the new funding to grow its team, but Geller also noted that the company will consider strategic acquisitions to enhance its overall platform.

Run:Ai Raises $75M For Its Ai Platform

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Run:Ai Raises $75M For Its Ai Platform

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