DBT Bureau
Bengaluru, 25 September 2024
Aarna.ml, a leading provider of open-source GPU-as-a-Service (GPUaaS) AI Cloud software, is excited to announce that Exfinity Venture Partners has joined the company’s Series A funding round.
Aarna.ml plans to utilize the fresh capital to accelerate product development for the GPU cloud management use case, the company said in a press release.
Aarna.ml has raised successful Series A round, which closed in October 2023 with $5.5 million of capital infusion from prominent investors like NVIDIA, LDV Partners, 3Lines, CARAT Venture Partners, and others. This additional funding brings the total Series A investment to $6.7 million, the company said.
Aarna.ml enables GPU-as-a-service providers and NVIDIA Cloud Partners (NCP) to offer hyper scaler-grade multi-tenant GPU instances with full isolation while leveraging a common underlying GPU pool. This new funding will help Aarna extend its platform to the GPU reference architectures that include high-speed networks and storage.
The company counts Tigo, LGE, Equinix, Keysight, CableLabs, and CapGemini Engineering as its customers.
Commenting on the fund raise, Amar Kapadia, Co-founder and CEO of Aarna.ml said, “We are thrilled to partner with Exfinity Venture Partners. Beyond the financial support, Exfinity’s expertise in scaling deep-tech startups in cross-border settings will significantly aid our expansion. With Exfinity’s backing, we are poised to extend our reach and enhance our impact in the industry.”
Chinnu Senthilkumar, Managing Partner at Exfinity Ventures said, “Our investment in Aarna.ml underscores the immense potential and value of Aarna’s innovative solutions in the AI Cloud sector. The collaboration aims to drive forward the adoption of multi-tenant GPU instances, ensuring robust and isolated environments for diverse AI workloads.”
