The artificial intelligence software developer closed a round that included Nvidia, M12, Hitachi Ventures and Samsung Catalyst Fund.
US-based cloud computing software developer Rescale completed a $105m series C round on Tuesday with backing from corporates Microsoft, Nvidia, Samsung and Hitachi, bringing its total funding to over $157m.
Software provider Microsoft and electronics manufacturers Samsung and Hitachi participated in the round through respective subsidiaries M12, Hitachi Ventures and Samsung Catalyst Fund, while graphics processing unit producer Nvidia invested directly.
The round was filled out by Fort Ross Ventures, Gopher, Gaingels, Initialized Capital, Keen Venture Partners, Nautilus Venture Partners,…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
