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AI Hardware

Cerebras Systems

Cerebras Systems raises $250M Series F at $4B valuation

1237 E Arques Avenue, Sunnyvale, CA 94085November 19, 20241 min read
Total Raised
$250M
Valuation
$4B
Latest Round
Series F
Employees
400+

Cerebras Systems: Series F Funding Round

Cerebras Systems has successfully raised $250M in Series F funding, reaching a valuation of $4B.

Company Overview

AI supercomputing chips

Funding Details

The Series F round was led by Benchmark, with participation from Eclipse Ventures, Foundation Capital, Alpha Wave, Coatue.

Company Information

  • Headquarters: 1237 E Arques Avenue, Sunnyvale, CA 94085
  • Founded: 2016
  • Employees: 400+
  • Category: AI Hardware

Investment

Cerebras Systems plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Benchmark: Verified investor in Series F
  • Eclipse Ventures: Verified investor in Series F
  • Foundation Capital: Verified investor in Series F
  • Alpha Wave: Verified investor in Series F
  • Coatue: Verified investor in Series F

Company Info

Headquarters
1237 E Arques Avenue, Sunnyvale, CA 94085
Founded
2016
Team Size
400+
Last Round
$250M(Nov 2024)

Investors (5)

B
BenchmarkLead
Lead Investor
Verified investor in Series F
E
Eclipse Ventures
Investor
Verified investor in Series F
F
Foundation Capital
Investor
Verified investor in Series F
A
Alpha Wave
Investor
Verified investor in Series F
C
Coatue
Investor
Verified investor in Series F

Topics

verified(3079)real-funding(3079)cerebras-systemsai hardwareseries-f1237-e-arques-avenue

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