Tech Company Financing Transactions

SambaNova Systems Funding Round

Intel Capital, Atlantic Bridge Ventures and GV participated in a $150 million Series B funding round for SambaNova Systems. This venture round was announced on 4/3/2019.

Transaction Overview

Company Name
SambaNova Systems
Announced On
4/3/2019
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series B
Investors

Intel Capital (Lead Investor) (Wendell Brooks)

Atlantic Bridge Ventures

GV (David Munichiello)

Redline Capital Management

Walden International Ventures (Lip-Bu Tan)

Proceeds Purpose
The financing will be used to extend SambaNova's product roadmap, and to continue to expand the software capabilities of its products to bolster their lead in AI software in pursuit of additional markets.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Bayshore Fwy.
Palo Alto, CA 94303
USA
Phone
(650) 263-1153
Website
www.sambanovasystems.com
Email Address
[email protected]
Overview
We are a computing startup focused on building machine learning and big data analytics platforms. Our software defined analytics platform enables optimum performance for any ML training, inference or analytics models.
Profile
SambaNova Systems LinkedIn Company Profile
Social Media
SambaNova Systems Company Twitter Account
Company News
SambaNova Systems News
Facebook
SambaNova Systems on Facebook
YouTube
SambaNova Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rodrigo Liang
  Rodrigo Liang LinkedIn Profile  Rodrigo Liang Twitter Account  Rodrigo Liang News  Rodrigo Liang on Facebook
Co-Founder
Kunle Olukotun
  Kunle Olukotun LinkedIn Profile  Kunle Olukotun Twitter Account  Kunle Olukotun News  Kunle Olukotun on Facebook
Co-Founder
Christopher Ré
  Christopher Ré LinkedIn Profile  Christopher Ré Twitter Account  Christopher Ré News  Christopher Ré on Facebook

 

 

Browse more venture capital transactions:

Prev: 4/2/2019: ClassPass venture capital transaction
Next: 4/3/2019: MemVerge venture capital transaction

 

Share this article

 

About Our VC Transactions Data

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.