Overview
Baseten, a San Francisco-based AI inference company, raised $300 million in funding at a $5 billion valuation. The funding round was led by IVP, CapitalG, and NVIDIA, bringing the total raised to $585 million. The company plans to use the funds to expand operations and enhance development efforts.
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Investors: IVP, CapitalG, NVIDIA
Baseten, a San Francisco-based AI inference company, raised $300 million in funding at a $5 billion valuation. The funding round was led by IVP, CapitalG, and NVIDIA, bringing the total raised to $585 million. The company plans to use the funds to expand operations and enhance development efforts.
Investors: IVP, CapitalG, NVIDIA
San Francisco-based Baseten has secured $300 million in a funding round led by IVP and CapitalG, with NVIDIA contributing $150 million. This funding, which values the company at approximately $5 billion, will be used to expand the team, enhance the platform for a larger customer base, and improve integrations with cloud services. Baseten provides AI infrastructure for deploying models efficiently, focusing on low-latency performance and multi-cloud portability.