Tech Company Financing Transactions

SambaNova Systems Funding Round

SambaNova Systems, operating out of Palo Alto, secured $56 million in funding from GV, Walden International Ventures and Atlantic Bridge Ventures.

Transaction Overview

Company Name
Announced On
3/16/2018
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Series A
Investors

GV (Lead Investor) (David Munichiello)

Walden International Ventures (Lead Investor) (Lip-Bu Tan)

Atlantic Bridge Ventures

Redline Capital Management

Proceeds Purpose
SambaNova will use the investment to grow its world-class team of machine learning software and high-performance hardware engineers, as well as accelerate the build-out of its computing platform to deliver unprecedented performance on machine learning and big data analytics applications.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Bayshore Fwy.
Palo Alto, CA 94303
USA
Email Address
Overview
We are a computing startup focused on building machine learning and big data analytics platforms. Our software defined analytics platform enables optimum performance for any ML training, inference or analytics models.
Profile
SambaNova Systems LinkedIn Company Profile
Social Media
SambaNova Systems Company Twitter Account
Company News
SambaNova Systems News
Facebook
SambaNova Systems on Facebook
YouTube
SambaNova Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rodrigo Liang
  Rodrigo Liang LinkedIn Profile  Rodrigo Liang Twitter Account  Rodrigo Liang News  Rodrigo Liang on Facebook
Co-Founder
Kunle Olukotun
  Kunle Olukotun LinkedIn Profile  Kunle Olukotun Twitter Account  Kunle Olukotun News  Kunle Olukotun on Facebook
Co-Founder
Christopher Ré
  Christopher Ré LinkedIn Profile  Christopher Ré Twitter Account  Christopher Ré News  Christopher Ré on Facebook


 

 

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Prev: 3/16/2018: Strix Leviathan venture capital transaction
Next: 3/16/2018: Airtable venture capital transaction

 

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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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