Aarna.ml, a leading provider of open-source GPU-as-a-Service (GPUaaS) AI Cloud software, has raised $6.7 million in its Series A funding round, following a recent investment from Exfinity Venture Partners. The round, initially closed at $5.5 million in October 2023, saw additional participation from renowned investors such as NVIDIA, LDV Partners, 3Lines, and CARAT Venture Partners. This latest injection of capital further strengthens Aarna.ml’s position in the AI cloud management space.
The funds will be directed towards accelerating the development of Aarna.ml’s advanced AI cloud management solutions, particularly focusing on the growing GPU cloud management market. Aarna.ml enables GPU-as-a-Service providers and NVIDIA Cloud Partners (NCP) to deliver secure, multi-tenant GPU instances using a common GPU pool, ensuring full isolation between tenants. The capital will also be used to enhance the platform’s support for GPU reference architectures, including high-speed networking and storage.
Aarna.ml has quickly established itself as a transformative player in the AI Cloud sector, serving an impressive roster of clients such as Tigo, LGE, Equinix, Keysight, CableLabs, and CapGemini Engineering, all of whom leverage its GPU cloud management software for critical AI workloads.
Amar Kapadia, Co-founder and CEO of Aarna.ml, expressed excitement over the partnership with Exfinity Ventures, emphasizing the venture firm’s expertise in scaling deep-tech startups across borders. He noted that Exfinity brings not only financial backing but also valuable insights into navigating complex global markets.
Chinnu Senthilkumar, Managing Partner at Exfinity Ventures, remarked on the groundbreaking potential of Aarna’s multi-tenant GPU solutions, underscoring their importance in shaping the future of AI cloud services.
Founded in 2018 with headquarters in San Jose, California, and Bengaluru, India, Aarna.ml’s leadership team, which includes Kapadia and Co-founder Sriram Rupanagunta, boasts extensive experience in cloud computing and host-based technologies, including their previous work at Aarohi Communications, a startup acquired by Emulex.
Key Highlights:
- Aarna.ml secures $6.7 million in Series A funding with participation from Exfinity Ventures, NVIDIA, LDV Partners, and others.
- The investment will accelerate Aarna.ml’s development of AI cloud management solutions, particularly GPU cloud management.
- Aarna.ml is expanding its platform’s support for GPU reference architectures, enhancing its offerings for major customers like Tigo and CapGemini.