.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners led a $30m Series B round in Run:AI.

Financials

Edit Data
Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Venture Capital

Software

Private

Friendly

orchestration and virtualization software

Israel

Private Equity

Single Bidder

Minority

Completed

software development

Acquisition

Cross Border

Synopsis

Edit

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.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US