$20 million in seed investment was received by RunPod, a Mount Laurel, NJ-based startup that enables developers to create and implement unique full-stack AI applications.
Investors
- Adam Lewis
- Nat Friedman
- Julien Chaummond
- Dell Technologies Capital
RunPod’s board of directors will welcome Mark Rostick, Vice President and Senior Managing Director of Intel Capital, in tandem with the funding.
Use of funds
The money will be used by the business to increase operations and development initiatives.
About RunPod
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.
“We’ve grown so quickly because RunPod strikes the perfect balance between giving developers 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.”
Zhen Lu
