Announced
Completed
Financials
Tags
Venture Capital
Software
Private
Friendly
orchestration and virtualization software
Israel
Private Equity
Single Bidder
Minority
Completed
software development
Acquisition
Cross Border
Synopsis
Insight Partners led a $30m Series B round in Run:AI, the provider of innovative orchestration and virtualization software for artificial intelligence, with participation from TLV Partners and S-Capital. "Every enterprise is either already rearchitecting themselves to be built around learning systems powered by AI, or they should be. Just as virtualization and then container technology transformed CPU-based workloads over the last decades, Run:AI is bringing orchestration and virtualization technology to AI chipsets such as GPUs, dramatically accelerating both AI training and inference. The system also future-proofs deep learning workloads, allowing them to inherit the power of the latest hardware with less rework. In Run:AI, we’ve found disruptive technology, an experienced team and a SaaS-based market strategy that will help enterprises deploy the AI they’ll need to stay competitive," Lonne Jaffe, Insight Partners Managing Director.
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