SambaNova Systems Announces $250 Million Series C as It Continues to Set a New Course for the Future of Enterprise Computing
SambaNova Systems Announces $250 Million Series C as It Continues to Set a New Course for the Future of Enterprise Computing
02/25/20, 11:31 AM
Location
palo altoMoney raised
$250 million
Round Type
series c
SambaNova Systems, the company building the industry’s most advanced systems platform to run artificial intelligence (AI) and data-intensive applications from the datacenter to the edge, announced today a $250 million Series C funding round to further accelerate the software capabilities of SambaNova’s next-generation computing platform. SambaNova Systems will continue to build out all areas of the organization, propelling the company into new market opportunities. The round is led by funds and accounts managed by BlackRock with participation from existing investors including GV, Intel Capital, Walden International, WRVI Capital and Redline Capital.
Company Info
Location
palo alto, california, united states
Additional Info
SambaNova Systems is building the industry’s most advanced systems platform to run AI applications from the data center to the cloud and to the edge. Founded in November 2017 in Palo Alto, California by industry luminaries, hardware and software design experts, world-class innovators from Sun/Oracle, and Stanford University. SambaNova Systems’ mission is to bring AI innovations that have been developed in advanced research to organizations around the world, helping to create AI for everyone, everywhere. Headquartered in Palo Alto, Calif., the company’s investors include SoftBank Vision Fund 2, funds and accounts managed by BlackRock, Intel Capital, GV, Walden International, Temasek, GIC, Redline Capital, Atlantic Bridge Ventures, WRVI Capital and several others. For more information please visit us at sambanova.ai or contact us at info@sambanova.ai.