Anyscale joined the Unicorn Club on December 9, 2021, after raising a $199 million Series C funding round led by New Enterprise Associates, valuing the company at $1 billion. Headquartered in San Francisco, California, United States, Anyscale is an AI infrastructure company that provides an open-source framework for building scalable, distributed applications. The company has raised $281 million to date and employs 118 people (as of December 2023).
Keep reading to learn how Anyscale is revolutionizing distributed AI computing.
What Is Anyscale and What Does It Do?
Founded in 2019, Anyscale provides an AI-based open-source framework for building and running distributed applications. Its platform leverages Ray, a framework designed to scale Python workloads for large-scale AI, scientific, and computational tasks with minimal code modifications.
Anyscale simplifies complex computing projects by offering auto-modeling processes, enabling teams to create personalized chip tests and efficiently manage large datasets and workloads. Its framework supports AI-native development, allowing enterprises and researchers to deploy distributed applications with high scalability, reliability, and flexibility.
How Much Funding Has Anyscale Raised?
- Series C
- Amount Raised: $199M
- Date: October 15, 2021
- Lead Investor: New Enterprise Associates
- Valuation: $1B
- Purpose: Scale AI infrastructure platform, enhance the Ray framework, and expand enterprise adoption.
- Earlier Rounds (A–B)
- Cumulative Funding: ~$82M
- Investors: Addition, Initialized Capital
- Purpose: Develop a distributed computing framework and expand an open-source ecosystem.
Total Funding Raised: $281M
Latest Funding Date: October 15, 2021
Latest Valuation: $1B
Employee Count: 118 (as of December 31, 2023)
Key Investors
- New Enterprise Associates (NEA)
- Details: Global venture capital firm investing across technology and healthcare sectors.
- Focus Areas: AI, cloud infrastructure, and enterprise software.
- Addition
- Details: Venture capital firm focused on early-stage technology investments.
- Focus Areas: AI, open-source software, and distributed computing ecosystems.
Where Is Anyscale’s Headquarters?
Anyscale is headquartered in San Francisco, California, United States, with a team distributed across the U.S. Its engineering and research teams are heavily involved in the open-source community, particularly with the Ray project, contributing to scalable AI infrastructure and innovations in distributed computing.
What’s Next for Anyscale?
Anyscale is focused on expanding its Ray-based distributed computing framework and enhancing AI infrastructure capabilities for enterprises and research institutions. The company plans to deepen integrations with machine learning platforms, optimize performance for large-scale workloads, and expand its ecosystem of tools and services. With growing adoption in AI research and enterprise computing, Anyscale aims to become the leading platform for distributed AI applications.
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