Tech Company Financing Transactions
Lambda Funding Round
Lambda closed a $320 million Series C venture capital round on 2/15/2024. Investors included US Innovative Technology Fund, 1517 Fund and B Capital Group.
Transaction Overview
Company Name
Announced On
2/15/2024
Transaction Type
Venture Equity
Amount
$320,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to expand its AI cloud business, including its on-demand and reserved cloud offerings.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
2565 3rd St. 244
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Our workstations, servers, laptops, and cloud services power engineers and researchers at the forefront of human knowledge. Our customers include Apple, Intel, Microsoft, Amazon Research, Tencent, Kaiser Permanente, MIT, Stanford, Harvard, Caltech, and the Department of Defense.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stephen Balaban
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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