# Cerebras Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cerebras-systems

- Industry: Semiconductors
- Headquarters: Sunnyvale, US
- Website: www.cerebras.ai
- Total disclosed funding: $2.9B
- Latest round: Series H (Feb 3, 2026)
- Investors on record: 18

## About

Based in California, US, and founded in 2015 by its CEO, Andrew Feldman, and co-founder, Sean Lie, Michael James, Jean-Philippe Fricker, and Gary Lauterbach, Cerebras Systems, Inc. is a company that develops stealth mode hardware that improves the existing infrastructure of computing functions. In May 2026, Cerebras Systems Inc. raised USD 6.38 billion in an IPO, selling 34.5 million shares at USD 185 apiece, on the Nasdaq under the ticker symbol "CBRS". Cerebras Systems Inc.'s product line includes Wafer-Scale Engine (WSE-2), which packs 850,000 of these cores onto a single processor with 40GB of super-fast on-chip SRAM and spreads them evenly across the entire surface of the chip; CS-2, which delivers the wall-clock compute performance of many tens to hundreds of graphics processing units; Cerebras Cloud, a deep learning infrastructure that delivers the wall-clock training performance of many 10s to 100s of processors in a single instance; Cerebras software platform that integrates with popular machine learning frameworks like TensorFlow and PyTorch; Cerebras Graph Compiler (CGC) automatically translates neural network to a CS-2 executable. Cerebras generates revenue from wafer-scale AI hardware systems, CSoft software platform licensing, AI cloud and inference services, and related enterprise support services. The company plans to use the funding from IPO for general corporate purposes and future acquisitions.

## Funding rounds

- Series H, Feb 3, 2026, $1B — Benchmark, Fidelity Investments, Tiger Global Management, Coatue Management, Alpha Wave Global, AMD Ventures, Altimeter Capital, Eclipse Ventures, Atreides Management, 1789 Capital
- Series G, Sep 30, 2025, $1.1B — Benchmark, Valor Equity Partners, Fidelity Investments, Alpha Wave Global, Altimeter Capital, Tiger Capital Group, Atreides Management, 1789 Capital
- Series F, Oct 17, 2021, $300M — Benchmark, Coatue Management, Alpha Wave Global, Altimeter Capital, Vy Capital, Eclipse Ventures, Moore Strategic Ventures, Abu Dhabi Growth Fund
- Series E, Mar 11, 2020, $267M — Benchmark, Foundation Capital, Moore Capital Management - Private Equity, Alpha Wave Global, Vy Capital, Eclipse Ventures, Inherent
- Series D, Nov 14, 2018, $80M — Benchmark, Foundation Capital
- Series C, Jul 5, 2017, $60M — Benchmark, Foundation Capital, Eclipse Ventures
- Series B, Jan 23, 2017, $25M — Benchmark, Foundation Capital, Eclipse Ventures
- Series A, May 4, 2016, $27M — Benchmark
- Seed, Jun 30, 2015 — Eclipse Ventures

## Investors

- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Seed, Series B, Series C, Series E, Series F, Series H
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C, Series D, Series E, Series F, Series G, Series H
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series B, Series C, Series D, Series E
- Moore Capital Management - Private Equity — Series E
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series E, Series F, Series G, Series H
- Vy Capital (https://capitalatlas.ai/funds/vy-capital) — Series E, Series F
- Inherent (https://capitalatlas.ai/funds/inherent) — Series E
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series F, Series H
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series F, Series G, Series H
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series F
- Abu Dhabi Growth Fund — Series F
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series G
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series G, Series H
- Tiger Capital Group (https://capitalatlas.ai/funds/tiger-capital-group) — Series G
- Atreides Management (https://capitalatlas.ai/funds/atreides-management) — Series G, Series H
- 1789 Capital (https://capitalatlas.ai/funds/1789-capital) — Series G, Series H
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series H
- AMD Ventures (https://capitalatlas.ai/funds/amd-ventures) — Series H