Cloud Computing

CoreWeave

CoreWeave raises $1.1B Series C at $19B valuation

$1.1B
Total Raised
Series C
Latest Round
2017
Founded
500+
Employees
Roseland, NJ
1 min read

Quick Facts

Valuation
$19B
Latest Round Size
$1.1B
Latest Round Date
May 2024

CoreWeave: Series C Funding Round

CoreWeave has successfully raised $1.1B in Series C funding, reaching a valuation of $19B.

Company Overview

Specialized cloud provider for AI workloads and GPU compute infrastructure

Funding Details

The Series C round was led by Coatue, with participation from Magnetar, Altimeter.

Company Information

  • Headquarters: Roseland, NJ
  • Founded: 2017
  • Employees: 500+
  • Category: Cloud Computing

Investment

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

About the Investors

  • Coatue: Verified investor in Series C
  • Magnetar: Verified investor in Series C
  • Altimeter: Verified investor in Series C

Key Investors

Coatue
Lead Investor
Verified investor in Series C
Magnetar
Investor
Verified investor in Series C
Altimeter
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources