Baseten has raised $1.5 Billion in new Series F funding
According to filings with the U.S. Securities and Exchange Commission, Baseten has raised $1,500,000,000.00 in new Series F funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Altimeter Capital, Conviction, and Spark Capital. Sands Capital, Wellington Management, IVP, Greylock, 01A, Blackbird, Durable Capital Partners, Verified Capital, Battery Ventures, and D. E. Shaw Ventures.
About Baseten
Baseten is the inference company behind a new generation of AI products. The company builds systems software that runs the entire workload for AI applicationsfrom GPUs and autoscaling to observability, billing, and developer toolsso teams can focus on models and user experience instead of infrastructure. Basetens customers include leading AI companies such as Abridge, Clay, Cursor, Lovable, Mercor, and OpenEvidence and others building specialized models for their domains. Founded in 2019 and based in San Francisco, Baseten has raised over $2 billion to date from investors including Altimeter Capital, Battery Ventures, Blackbird, BOND, CapitalG, Durable Capital Partners, Greylock, IVP, NVIDIA, Sands Capital, Spark Capital, Verified Capital, Wellington Management, 01A and others.
To learn more, visit https://www.baseten.co/
Linkedin: https://www.linkedin.com/company/baseten/
Contact:
Tuhin Srivastava, Chief Executive Officer
https://www.linkedin.com/in/dannieherzberg/
SOURCE: http://www.intelligence360.io
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