California-based, Foundry, an AI/ML cloud environment provider raised $80 million led by Sequoia Capital in a Seed funding round.
Lightspeed Venture Partners actively backed the round and led the Series A.
Foundry Raised $80m Series
CEO of Foundry, Jared Quincy Davis said that we use these funds for product offerings and development, execution, and operations expansion.
Foundry is a cloud-based startup engineered to cater to the enterprise demands of AI/ML frameworks and workloads. Foundry offers scalable GPUs to enable enterprises to tackle machine deep learning and AI workloads at a convenient price and better performance.
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