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Codeium Funding & Investors

Codeium optimizes deep learning inference workload, delivering up to a 10x improvement in resource utilization and cost. It connects customers to the company’s managed service or deploys Exafunction’s software in a Kubernetes cluster. The company's technology dynamically allocates resources, moving computation onto “cost-effective hardware” such as spot instances when available. Exafunction uses virtualization to run AI workloads even when the hardware is scarce, ostensibly leading to higher utilization rates while lowering costs. Exafunction was founded in 2021 and is based in San Jose, California.

codeium.com

Total Amount Raised: $243,000,000

Codeium Funding Rounds

  • Series C

    $150,000,000

    Series C Investors

    General Catalyst
    Greenoaks Capital
    Kleiner Perkins
  • Series B

    $65,000,000

    Series B Investors

    Kleiner Perkins
    Greenoaks Capital
    General Catalyst
  • Series A

    $25,000,000

    Series A Investors

    Greenoaks Capital
    Founders Fund
  • Seed

    $3,000,000

    Seed Investors

    Greenoaks Capital
    Howie Liu
    Spencer Kimball
    Richard Socher
    Sahir Azam
    Carlos Delatorre
    Nitesh Banta
Funding info provided by Diffbot.