Modal Raises $750M Series D at $15.75B Valuation as Revenue Passes $1B
Developer cloud infrastructure provider Modal has raised $750 million in Series D funding at a $15.75 billion valuation, reporting that annual revenue has crossed $1 billion.
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Developer cloud infrastructure provider Modal has raised $750 million in Series D funding at a $15.75 billion valuation, reporting that annual revenue has crossed $1 billion.
The Kubernetes management company added Goldman Sachs and strategic investors as businesses move AI systems from pilots into production.
The molecular design startup reached a $3.8 billion valuation while expanding partnerships with major drugmakers.
The startup is building validation software that checks model responses before errors reach users in high-precision workflows.
The Palo Alto AI infrastructure company will use the capital to expand its SN50 chip and SambaCloud platform as demand grows for alternatives in inference computing.