AI/ML

Lambda

Lambda raises $320M Series C at $1.5B valuation

$320M
Total Raised
Series C
Latest Round
2012
Founded
200+
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$1.5B
Latest Round Size
$320M
Latest Round Date
February 2024

Lambda: Series C Funding Round

Lambda has successfully raised $320M in Series C funding, reaching a valuation of $1.5B.

Company Overview

GPU cloud infrastructure platform for AI training and inference

Funding Details

The Series C round was led by US Innovative Technology Fund, with participation from B Capital, SK Telecom.

Company Information

  • Headquarters: San Francisco, CA
  • Founded: 2012
  • Employees: 200+
  • Category: AI/ML

Investment

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

About the Investors

  • US Innovative Technology Fund: Verified investor in Series C
  • B Capital: Verified investor in Series C
  • SK Telecom: Verified investor in Series C

Key Investors

US Innovative Technology Fund
Lead Investor
Verified investor in Series C
B Capital
Investor
Verified investor in Series C
SK Telecom
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources