Foundry Raises $80 Million In Seed And Series A Funding To Build A New Breed Of Public Cloud

Foundry, a new public cloud for AI/ML workloads, has raised $80M in seed and Series A funding to make compute capacity universally accessible and useful. Led by Sequoia Capital and Lightspeed Venture Partners, Foundry is tackling the economic and technical challenges in AI and deep learning to maximize the utility of existing computing power.