RunPod, a comapny that enables developers to create unique full-stack AI apps secures $20million in seed funding. Adam Lewis, Nat Friedman, Julien Chaummond, and Dell Technologies Capital participated in the round, which was headed by Intel Capital.
It’s board of directors will welcome Mark Rostick, Vice President and Senior Managing Director of Intel Capital, in tandem with the funding. The money will be used by the business to increase operations and development initiatives.
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RunPod is a distributed GPU cloud platform provider that enables developers to launch unique full-stack AI applications at scale and internationally under the direction of CEO Zhen Lu. With its products, which include Serverless GPUs and GPU Instances, developers can create, hone, and expand AI applications all within one cloud.
Zhen Lu said: “We’ve grown so quickly because RunPod strikes the perfect balance between providing developers with the freedom to launch whatever they want, while still having the necessary infrastructure and tools in place to assist in the customization, development, and deployment of differentiated products.”
About RunPod
RunPod is based in New Jersey and was established in 2022. RunPod offers affordable cloud computing services based on GPUs for AI model deployment, training, and scalability. Users only need to click a few times to start up an on-demand GPU instance with GPU Cloud. Users may set up autoscaling API endpoints using Serverless to scale inference on their models in production.
