Tech Company Financing Transactions
poolside Funding Round
poolside, based in Paris, secured $500 million from Bain Capital Ventures, Adams Street Partners and BAM Elevate.
Transaction Overview
Company Name
Announced On
10/2/2024
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Series B
Investors
Proceeds Purpose
The capital raised has allowed the company to bring online 10,000 NVIDIA GPUs; will support aggressive go-to-market; and allow further growth of its applied research & engineering organization.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
9 rue des colonnes
Paris, 75002
France
Paris, 75002
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We're building foundation models, an API, and an Assistant to bring the power of generative AI to your developers. The poolside stack can be deployed to your own infrastructure. No data or code ever leaves your security boundary. Ideal for highly regulated industries like Financial Services, Defense, Technology as well as Retail, Tech and Systems Integrators.
Management Team
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