SUMMARY
- Aarna.ml raises $6.7M in Series A, including investment from Exfinity Ventures, to enhance AI cloud management solutions.
- The funds will be used to develop GPUaaS software and expand into high-speed networks and storage.
- Key investors include NVIDIA, LDV Partners, and 3Lines, with major clients like Tigo, LGE, and CapGemini Engineering.
Aarna.ml, a leading provider of open-source GPU-as-a-Service (GPUaaS) AI Cloud software, has announced that Exfinity Venture Partners has joined its $6.7 million Series A funding round. This round also saw participation from notable investors such as NVIDIA, LDV Partners, 3Lines, and CARAT Venture Partners. The initial close of the Series A in October 2023 raised $5.5 million, with the recent investment from Exfinity bringing the total to $6.7 million.
Aarna.ml plans to use this capital to accelerate the development of its AI cloud management solutions, specifically focusing on the GPU cloud management use case. The company enables GPU-as-a-Service providers and NVIDIA Cloud Partners (NCP) to offer multi-tenant GPU instances with complete isolation, utilizing a common underlying GPU pool. The fresh investment will also support the extension of Aarna’s platform to GPU reference architectures, which include high-speed networking and storage.
This funding round is a significant step in Aarna.ml’s mission to transform the AI Cloud landscape. The company lists key customers like Tigo, LGE, Equinix, Keysight, CableLabs, and CapGemini Engineering, which leverage Aarna.ml’s cutting-edge GPU cloud management software for their AI workloads.
Amar Kapadia, Co-founder and CEO of Aarna.ml, expressed enthusiasm for the partnership with Exfinity Ventures, noting that their expertise in scaling deep-tech startups in cross-border environments will aid Aarna’s growth and expansion. He emphasized that beyond financial support, Exfinity brings valuable expertise in navigating complex global markets.
Exfinity Ventures Managing Partner, Chinnu Senthilkumar, highlighted the immense potential of Aarna’s innovative solutions in the AI cloud sector, underscoring the importance of their partnership in driving forward the adoption of multi-tenant GPU instances.
Aarna.ml, founded in 2018 and headquartered in San Jose, California, and Bengaluru, India, is led by Amar Kapadia and Sriram Rupanagunta, both of whom have significant experience in host-based technologies and cloud computing. The company’s core team previously worked at Aarohi Communications, a 10GbE DPU startup that was acquired by Emulex.
