Tech Company Financing Transactions
Fastino Funding Round
Fastino, based in Palo Alto, raised $7 million in funding from Insight Venture Partners, M12 and private investors.
Transaction Overview
Company Name
Announced On
11/12/2024
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Fastino powers enterprise AI developers with high-performance, task-optimized language models built to scale. Unlike generic LLMs, Fastino's models are engineered for accuracy, speed, and security, delivering near-instant CPU inference and flexible deployment across environments.
Management Team
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