AI/ML

OctoML

OctoML raises $132M Series C at $700M valuation

$132M
Total Raised
Series C
Latest Round
2019
Founded
150+
Employees
2100 Elliott Avenue, Seattle, WA 98121
1 min read

Quick Facts

Valuation
$700M
Latest Round Size
$132M
Latest Round Date
June 2024

OctoML: Series C Funding Round

OctoML has successfully raised $132M in Series C funding, reaching a valuation of $700M.

Company Overview

ML acceleration platform

Funding Details

The Series C round was led by Addition, with participation from Tiger Global, Madrona Venture Group, Amplify Partners, Venrock.

Company Information

  • Headquarters: 2100 Elliott Avenue, Seattle, WA 98121
  • Founded: 2019
  • Employees: 150+
  • Category: AI/ML

Investment

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

About the Investors

  • Addition: Verified investor in Series C
  • Tiger Global: Verified investor in Series C
  • Madrona Venture Group: Verified investor in Series C
  • Amplify Partners: Verified investor in Series C
  • Venrock: Verified investor in Series C

Key Investors

Addition
Lead Investor
Verified investor in Series C
Tiger Global
Investor
Verified investor in Series C
Madrona Venture Group
Investor
Verified investor in Series C
Amplify Partners
Investor
Verified investor in Series C
Venrock
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources