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Modal's $750M Series D Fuels AI Application Surge
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We had Co-Founder and CEO Erik Bernhardsson (@bernhardsson) on right after he announced Modal's $750M Series D this week: "We see so much demand from all these insanely cool AI applications getting built." "We have a lot of customers like Ramp and Cognition doing agent coding. We have customers like Runway and Suno doing generative media, DoorDash and Typeface and so many other companies..." "I think we really kind of entered a whole new era of software and in a set of capabilities you…
bernhardsson@bernhardssonOct 14
Modal crosses $1B in Annualized Run Rate and raises $750M Series D Just five months ago, when we announced our Series C, I wrote that demand was accelerating. Since then, usage has tripled and we’ve grown more than 15x year-over-year. We recently crossed $1B in
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