Lambda Raises $480M in Series D
Lambda has successfully raised $480M in a Series D at a $4B valuation led by NVIDIA, G Squared.
Company Overview
Lambda is a AI/ML company headquartered in San Francisco, CA, founded in 2012 with 300+ employees.
GPU cloud for AI training
Fundraising Details
- Amount Raised: $480M
- Round Type: Series D
- Valuation: $4B
- Date: 2025-02-15
- Investors: NVIDIA, G Squared
About Lambda
GPU cloud for AI training The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2012
- Team Size: 300+
- Industry: AI/ML
What This Means
This funding round demonstrates strong investor confidence in Lambda's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Lambda's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $4B valuation marks an important milestone for Lambda, positioning the company among notable players in the AI/ML industry.
Looking Ahead
With this new capital, Lambda is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-02-15. For more information about Lambda, visit their headquarters at San Francisco, CA.