Modal Hits $1B ARR, Raises $750M Series D at $15.75B
Modal announced it crossed $1B annualized run rate and raised a $750M Series D at a $15.75B valuation led by Accel. Usage has tripled since its Series C, growing over 15x year-over-year.
All AI Pulse updates tagged "Modal".
2 signalsModal announced it crossed $1B annualized run rate and raised a $750M Series D at a $15.75B valuation led by Accel. Usage has tripled since its Series C, growing over 15x year-over-year.
A new Modal blog post by Charles and Shreya covers their work speeding up AI-SQL queries — why AI-SQL, why high-throughput inference, how they beat vLLM by over 10x, and the future of inference engineering.