Addition Co-Leads $100M Series C Financing of Anyscale

December 7, 2021Client News

Gunderson Dettmer represented client Addition as it co-led the $100 million Series C financing of Anyscale, a distributed computing platform. The platform makes it possible to build multi-cloud apps from a single machine. The company intends to use the funds to expand its operations and accelerate growth.

In the announcement of the transaction, co-founder and CEO of Anyscale Dr. Robert Nishihara said, “We’re thrilled to announce the general availability of Anyscale’s platform. Our cloud platform will now be available to every developer and organization looking to scale AI. If you use Ray, Anyscale is the best way to run Ray.”

The Gunderson deal team was led by Greg Volkmar and included Joseph Raffetto, Shawna Reeder, Hannah Porter, Alice Lu, and Lydia Carnevale.