CIO Influence
CIO Influence News Cloud Cognitive Computing HR Technology Machine Learning

Vultr Completes Financing With LuminArx and AMD Ventures at $3.5 Billion Valuation, Accelerating Growth in AI Infrastructure

Vultr Completes Financing With LuminArx and AMD Ventures at $3.5 Billion Valuation, Accelerating Growth in AI Infrastructure

Financing Solidifies Vultr’s Position as the Largest Self-funded Cloud Infrastructure Company Ever Built

Vultr, the world’s largest privately-held cloud infrastructure company, announced it has completed a growth financing at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures. Vultr will use this new equity financing to support its accelerated global expansion in AI infrastructure and cloud computing. Building on more than a decade of operating history, Vultr’s new financing helps further its mission to be the AI infrastructure and cloud computing partner of choice for enterprises and AI innovators globally.

Also Read: Verne Unveils Plans for Next-Generation Sustainable Data Center Campus in Finland

“As we continue our global expansion, LuminArx’s collaborative, innovative approach and AMD’s strategic impact enable Vultr to further accelerate growth in AI infrastructure and cloud computing, creating the category-defining independent cloud infrastructure company.”

Founded in 2014 by David Aninowsky and self-funded for over a decade, Vultr provides industry-leading scalability, global reach, compliance, and price-to-performance for AI infrastructure and cloud computing. With this equity financing, Vultr is expanding access to global cloud infrastructure to enable a new era of AI-native applications. With 32 cloud data center regions across six continents, Vultr is the only globally-available, independent, full-stack AI infrastructure and cloud computing platform.

“We are pleased to welcome our new equity investors as we accelerate growth to meet the needs of enterprises and businesses of all sizes globally,” said David Aninowsky, Founder and Executive Chairman of Vultr. “I have never been more proud of what this extraordinary team has done to deliver easy-to-use, high-performance cloud infrastructure globally.”

“Building upon the foundation created by David Aninowsky, Vultr has become the leading cloud infrastructure alternative to traditional hyperscalers,” said J.J. Kardwell, CEO of Vultr. “As we continue our global expansion, LuminArx’s collaborative, innovative approach and AMD’s strategic impact enable Vultr to further accelerate growth in AI infrastructure and cloud computing, creating the category-defining independent cloud infrastructure company.”

According to a recent report from 451 Research, part of S&P Global Market Intelligence, commissioned by Vultr, enterprises will push AI beyond training to the edge during 2025. This investment will enable Vultr to expand its worldwide cloud GPU fleet to support enterprise customers and AI innovators building, deploying, and scaling AI worldwide.

“We are excited to partner with Vultr to accelerate the growth of a standout leader in the cloud infrastructure industry,” said Tanisha Keshava Bellur, Partner at LuminArx. “Among the many management teams and companies we’ve evaluated in the AI infrastructure space, Vultr distinguishes itself through exceptional leadership, outstanding execution, and a proven track record of delivering high-performance cloud infrastructure for over a decade.”

“Vultr’s deep experience delivering secure, compliant and scalable cloud infrastructure and their deployment of AMD Instinct accelerators positions them as an innovative cloud solutions provider,” said Mathew Hein, Senior Vice President and Chief Strategy Officer of Corporate Development at AMD. “We share Vultr’s mission to empower enterprises and AI innovators with unparalleled access to high-performance compute for AI model development and deployment and are proud to support their growth.”

Goldman Sachs & Co. LLC served as the exclusive financial advisor to Vultr for this transaction.

Also Read: CIO Influence Interview with Richard Bird, Chief Security Officer of Traceable

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

Related posts

ChromaCode Emergency Use Authorization (EUA) Expanded by FDA for High-Throughput HDPCR SARS-CoV-2 Real-Time PCR Assay

CIO Influence News Desk

OpenBOM Unveils New and Enhanced Features to Streamline Design Data Management and Cloud Design Integration

Cision PRWeb

KeepTruckin Partners With Ambarella on Next-Generation AI Device for Front ADAS, Driver Monitoring and Telematics