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Erik Bernhardsson

@bernhardsson • 55,880 subscribers

Building everyone's favorite AI infrastructure platform @modal

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It's true – Modal has raised a $87M Series B at a $1.1B valuation to advance the future of AI infrastructure. Thank you to Lux Capital, Redpoint, Amplify Partners, and others. Now more than ever, AI demands a complete reinvention of traditional compute infrastructure

It's true – Modal has raised a $87M Series B at a $1.1B valuation to advance the future of AI infrastructure. Thank you to Lux Capital, Redpoint, Amplify Partners, and others. Now more than ever, AI demands a complete reinvention of traditional compute infrastructure

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Today we're announcing our Series C funding: $355M at a $4.65B valuation, led by some great investors General Catalyst and Redpoint. We've had insane growth in the last year, but we're still very early. So proud of the team and what we have built so far!

Today we're announcing our Series C funding: $355M at a $4.65B valuation, led by some great investors General Catalyst and Redpoint. We've had insane growth in the last year, but we're still very early. So proud of the team and what we have built so far!

Erik Bernhardsson

591,152 views • 1 month ago

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