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Cloud Computing

CoreWeave

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

Roseland, NJMay 10, 20241 min read
Total Raised
$1.1B
Valuation
$19B
Latest Round
Series C
Employees
500+

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

Company Info

Headquarters
Roseland, NJ
Founded
2017
Team Size
500+
Last Round
$1.1B(May 2024)

Investors (3)

C
CoatueLead
Lead Investor
Verified investor in Series C
M
Magnetar
Investor
Verified investor in Series C
A
Altimeter
Investor
Verified investor in Series C

Topics

verified(3079)real-funding(3079)coreweavecloud computingseries-croseland

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