Run:ai raises $75M for its AI platform

Run:ai, a startup that makes it easier for developers and operations teams to manage and improve their artificial intelligence infrastructure, has raised $75 million in a Series C funding round. Run:ai's total funding has risen to $118 million, thanks to previous investors TLV Partners and S Capital VC.

Run:ai's Atlas platform helps its users virtualize and organize their artificial intelligence workload with a focus on maximizing their graphics resources, no matter where they are in the world. The pooled resources can still be interacted with through standard tools like Jupyter notebooks and IT teams can get better insights into how these resources are being used.

The company is at a time of rapid growth. The company tells me that its annual recurring revenue grew 9x in the last year. The company's ability to build a global partner network is one of the factors attributed to this.

The image is called Run:ai.

Run:ai's cloud-native artificial intelligence platform that plugs into Kubernetes environments fits in nicely with the overall trend of modernizing infrastructure. There is a need for an MLOps platform with a focus onOptimizingGPU utilization like Run:ai, which is where these customers are moving from experiments to production.

As part of the development of our product, we added unique features to help them efficiently manage their production clusters and easily deploy inference at scale. He said that inference workloads require maximum throughput and extremely low latency.

The company plans to use the new funding to grow its team, but also noted that the company will consider strategic acquisitions to enhance its overall platform. If the opportunity presents itself for a strategic acquisition of a technology that will accelerate our time to market and help speed up market dominance, we will definitely seize it.

There has been a global surge in demand for artificial intelligence hardware as enterprises in every industry transform themselves to become learning systems powered by it. Run:ai has almost doubled its customer base since 2020, and we couldn't be more excited to double down on our partnership with Omri and the incredible Run:ai team.

Run:AI raises $30M Series B for its AI compute platform