Tech Company Financing Transactions

SambaNova Systems Funding Round

SambaNova Systems closed a $250 million Series C funding round on 2/26/2020. Backers included BlackRock, GV and Intel Capital.

Transaction Overview

Company Name
Announced On
2/26/2020
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Series C
Investors

BlackRock (Lead Investor)

GV (David Munichiello)

Intel Capital (Wendell Brooks)

Redline Capital Management

Walden International Ventures (Lip-Bu Tan)

WRVI Capital

Proceeds Purpose
The funding enables us to further extend our market leadership in enterprise computing.

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: 2/26/2020: Aria CV venture capital transaction
Next: 2/26/2020: AiVita Biomedical venture capital transaction

 

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About Our VC Transactions Data

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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