Lambda Pulls In $320M Series C Round

SAN JOSE, CA, Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced it has raised a $320 million Series C round. The round was led by Thomas Tulls US Innovative Technology with participation from new investors B Capital, SK Telecom, funds and accounts advised by T. Rowe Price Associates, Inc., and existing investors Crescent Cove, Mercato Partners, 1517 Fund, Bloomberg Beta, and Gradient Ventures, among others. Lambda was founded in 2012 by AI engineers with published research at the top machine learning conferences in the world. Our product portfolio spans from on-prem GPU hardware to hosted GPUs in the cloud. Lambdas mission is to create a world where access to computation is as effortless and ubiquitous as electricity.