AI data platform company Hammerspace announced that several venture investors have invested $100 million in growth capital in the company.
Altimeter Capital, which inveted in Meta, MongoDB, NVIDIA, Snowflake and Uber, led the Series B round.
ARK Invest, led by Cathie Wood, joined the round through its ARK Venture Fund. Known for its conviction-based investing in disruptive technology companies—including early bets on Tesla, NVIDIA and Palantir—ARK sees Hammerspace as foundational to the performance infrastructure AI demands, according to Hammerspace.
The remainder of the funding round was filled out by a combination of new and existing investors.
Source: https://insideainews.com/
