Tech Company Financing Transactions

Granica Funding Round

On 6/8/2023, Granica secured $45 million in funding from Bain Capital Ventures, New Enterprise Associates and private investors.

Transaction Overview

Company Name
Announced On
6/8/2023
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors

Bain Capital Ventures (Lead Investor)

New Enterprise Associates (Lead Investor)

private investors (Deepak Ahuja)

private investors (Frederic Kerrest)

private investors (Kevin Hartz)

Proceeds Purpose
Granica is focused on efficiency for data, with plans to drive efficiency across the end-to-end AI pipeline. For the first time, C-level executives in data intensive industries can drive significant profitability and innovation gains by pursuing AI efficiency, complementing their existing efficiency initiatives.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Mountain View, CA Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
The Granica AI Efficiency Platform reduces the cost to store and access data, while preserving its privacy to unlock it for training. Granica is developer-first, petabyte-scale, and AWS/GCP-native.
Profile
Granica LinkedIn Company Profile
Social Media
Granica Company Twitter Account
Company News
Granica News
Facebook
Granica on Facebook
YouTube
Granica on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rahul Ponnala
  Rahul Ponnala LinkedIn Profile  Rahul Ponnala Twitter Account  Rahul Ponnala News  Rahul Ponnala on Facebook
Chief Technical Officer
Tarang Vaish
  Tarang Vaish LinkedIn Profile  Tarang Vaish Twitter Account  Tarang Vaish News  Tarang Vaish on Facebook


 

 

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