RunPod raises $20M in seed funding co-led by Intel Capital and Dell Technologies Capital to empower developers deploying custom full-stack AI applications.
RunPod raises $20M in seed funding co-led by Intel Capital and Dell Technologies Capital to empower developers deploying custom full-stack AI applications.
05/08/24, 1:12 PM
Location
philadelphiaMoney raised
$20 million
Industry
software
Round Type
seed
Investors
Adam Lewis, Nat Friedman, Julien Chaummond, Dell Technologies Capital, Intel Capital
RunPod announced it raised $20M in Seed funding co-led by Intel Capital and Dell Technologies Capital, with participation from Julien Chaummond, Nat Friedman, and Adam Lewis. This funding will enhance the day-to-day life of developers, form new partnerships and integrations, and offer new and existing customers the perfect foundation for developing custom AI models.
Company Info
Location
1181 nixon dr #1158
philadelphia, pennsylvania, united states
Additional Info
RunPod provides cost-effective GPU cloud computing services for training, deploying, and scaling AI models.
With GPU Cloud, users can spin up an on-demand GPU instance in a few clicks. With Serverless, users can create autoscaling API endpoints for scaling inference on their models in production.
RunPod was founded in 2022 and is headquartered in New Jersey.