Cerebras Systems Raises $250M In Funding For Over $4B Valuation To Advance The Future Of Artificial Intelligence Compute
Amount Raised
$250 Million
Round Type
Funding Round
SunnyvaleHardwareSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceMachine LearningDescription
Cerebras Systems, the pioneer in accelerating artificial intelligence (AI) compute, today announced it has raised $250 million in a Series F financing round, valuing the company at over $4 billion. To-date, the company has raised $720 million. The Series F round was led by Alpha Wave Ventures, a global growth stage Falcon Edge | Chimera partnership, along with Abu Dhabi Growth Fund (ADG). Alpha Wave Ventures and ADG join a world class group of investors including Altimeter Capital, Benchmark Capital, Coatue Management, Eclipse Ventures, Moore Strategic Ventures, and VY Capital.
Quick answer
Cerebras Systems raised $250 Million in a Funding Round round, dated November 10, 2021. Cerebras Systems is based in Sunnyvale, California, United States.
- How much did Cerebras Systems raise?
- Cerebras Systems raised $250 Million in a Funding Round round on November 10, 2021.
- What does Cerebras Systems do?
- Cerebras Systems is a team of pioneering computer architects, computer scientists, deep learning researchers, and subject matter experts of all types.
- Where is Cerebras Systems based and how big is it?
- Cerebras Systems is based in Sunnyvale, California, United States. Fundz records about 450 employees.
- Who are the decision-makers at Cerebras Systems?
- Fundz holds 3 contacts at Cerebras Systems, including the Sr Director of Strategic Cloud Partnerships. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Data And Analytics around the same time
Companies in the same sectors as Cerebras Systems that raised within 45 days of this round, from Fundz verified event records.
- Celestial AI raised $100M on December 15, 2021.
- Edge Impulse raised $34M on December 22, 2021.
- SkySafe raised $30M (Series B) on December 17, 2021.
- SkySafe raised $27M (Convertible Note) on December 17, 2021.
- Haystacks.Ai raised $5M (Seed) on December 16, 2021.
- TealBook raised $50M (Series B) on December 14, 2021.
Who to call at Cerebras Systems, and when
A new round usually means Cerebras Systems is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cerebras Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cerebras Systems, from your own LinkedIn network
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Related People
Cerebras Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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