Tech Company Financing Transactions

Fireworks AI Funding Round

Fireworks AI, based in Redwood City, raised $52 million from Sequoia Capital, AMD and Benchmark Capital.

Transaction Overview

Company Name
Announced On
7/11/2024
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Series B
Investors

Sequoia Capital (Lead Investor)

AMD

Benchmark Capital (Eric Vishria)

Databricks

private investors (Alexandr Wang)

private investors (Frank Slootman)

private investors (Howie Liu)

private investors (Sheryl Sandberg)

MongoDB Ventures

NVIDIA

Proceeds Purpose
The company intends to use the funds to expand the team, and enhance its platform, enabling developers to quickly move AI applications from prototype to production.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
2317 Broadway 150
Redwood City, CA 94063
USA
Phone
Undisclosed
Email Address
Overview
The production AI platform built for developers; Fireworks partners with the world's leading generative AI researchers to serve the best models, at the fastest speeds.
Profile
Fireworks AI LinkedIn Company Profile
Social Media
Fireworks AI Company Twitter Account
Company News
Fireworks AI News
Facebook
Fireworks AI on Facebook
YouTube
Fireworks AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lin Qiao
  Lin Qiao LinkedIn Profile  Lin Qiao Twitter Account  Lin Qiao News  Lin Qiao on Facebook


 

 

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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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