GMI Cloud, a Santa Clara, CA-based AI-native GPU cloud provider, raised $82M in total Series A funding.
The round consisted of $15M in equity funding and $67M in debt financing in a Series A round led by Headline Asia, bringing its total capital to over $93M. Other investors included Banpu Next (BANPU.BK), and Wistron Corporation (3231.TW).
The company intends to use the funds to open a new U.S. data center in Colorado and enhance its Silicon Valley-based position as an integrated cloud provider.
Led by Alex Yeh, Founder and CEO, GMI Cloud is a digital infrastructure company with the mission of empowering anyone to deploy AI and simplifying how businesses build, deploy, and scale AI through integrated hardware and software solutions.
Its AI solutions combine flexible GPU infrastructure based on NVIDIA accelerated computing with Cluster Engine, the company’s proprietary resource management and orchestration platform. These offerings provide businesses with scalability, optimized performance, and security measures for AI-driven projects.
GMI Cloud leverages its global operations and strategic partnerships with OEMs to enable rapid deployment and reduced lead times for GPU access worldwide. Along with its longstanding presence in Taiwan, the company’s new Colorado data center will serve as a hub for expanding GMI Cloud’s capacity, particularly in North America. This strategic expansion enhances the company’s ability to meet growing global demand for GPU resources.
FinSMEs
29/10/2024