Lambda's $320M Funding Fuels AI Cloud Expansion
February 20, 2024, 11:56 am
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 2012
Total raised: $344.5M
Lambda, a GPU cloud company, secures $320 million in Series C funding, led by Thomas Tull’s US Innovative Technology Fund, propelling its valuation to over $1.5 billion. The investment will drive the growth of Lambda's AI cloud business, catering to a wide range of industries and research institutions. Lambda's mission is to democratize GPU compute and revolutionize the AI landscape with cutting-edge technology and infrastructure.