Tech Company Financing Transactions

Foundry Technologies Funding Round

On 3/21/2024, Foundry Technologies landed $80 million in Series A investment from Lightspeed Venture Partners, Sequoia Capital and Conviction VC.

Transaction Overview

Announced On
3/21/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series A
Investors
Proceeds Purpose
This funding will allow Foundry to expand its operations, improve its product offerings, and establish more strategic partnerships.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
555 Bryant Street 123
Palo Alto, CA 94301
USA
Phone
Undisclosed
Email Address
Overview
Founded by alumni from DeepMind's core Deep Learning Team and Stanford's CS PhD program (group led by Databricks co-founder Matei Zaharia), Foundry is a new breed of public cloud, meticulously engineered from the ground up to cater to the unique demands of machine learning workloads.
Profile
Foundry Technologies LinkedIn Company Profile
Social Media
Foundry Technologies Company Twitter Account
Company News
Foundry Technologies News
Facebook
Foundry Technologies on Facebook
YouTube
Foundry Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jared Davis
  Jared Davis LinkedIn Profile  Jared Davis Twitter Account  Jared Davis News  Jared Davis on Facebook


 

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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