AI Startup Modal Raises $750M at $15.75B Valuation
AI infrastructure startup Modal raised a $750 million Series D led by Accel at a $15.75 billion post-money valuation and passed $1 billion in annual recurring revenue.
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| Oct 14, 11:36 AM | thenextweb.com | Modal raises $750M at $15.75bn valuation as run rate tops $1bn |
| Oct 14, 10:31 AM | bloomberg.com | Modal CEO: AI Has Entered a ‘New Era of Software’ |
| Oct 14, 7:00 AM | techmeme.com | AI infrastructure startup Modal raised a $750M Series D led by Accel at a $15.75B post-money valuation, taking its total funding to $1.2B, and passes $1B ARR (Chris Metinko/Axios) |