AI cloud startup Modal raises $750M at $15.75B valuation
Modal Labs Inc., a provider of artificial intelligence infrastructure, today announced that it has raised $750 million in funding.
Proof1 independent outlet
Key points
- Accel led the Series D round.
- It was joined by Kleiner Perkins and a half-dozen existing Modal investors.
- The company is now valued at $15.75 billion, more than triple what it was worth after its last [...]
- The post AI cloud startup Modal raises $750M at $15.75B valuation appeared first on SiliconANGLE.
Sources (1)
- [1]AI cloud startup Modal raises $750M at $15.75B valuationSiliconANGLE: AI · Oct 14, 08:28 PM
Modal Labs Inc., a provider of artificial intelligence infrastructure, today announced that it has raised $750 million in funding.
Accel led the Series D round.
Extractive summary: sentences quoted from the sources.
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