Salad Technologies
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- $20M
Investors
- 5
About Salad Technologies
Salad Technologies, Inc. delivers a distributed cloud computing platform that connects idle consumer GPUs to enterprises, enabling cost-effective AI and machine learning deployments.Founded in 2018 and headquartered in Salt Lake City, US, Salad Technologies, Inc. specializes in cloud computing solutions that leverage community-sourced GPU resources. The company was established by Bob Miles, who has a history of entrepreneurial ventures.247 mn.SaladCloud offers a distributed cloud computing platform that specializes in providing low-cost, AI-enabled GPU resources for businesses looking to deploy AI and machine learning models at scale. The platform connects idle consumer GPUs from individual owners to compute-hungry enterprises, effectively creating a community-driven resource pool. SaladCloud's key offerings include the Salad Container Engine, which facilitates the deployment of workloads via Docker containers, and the Salad Transcription API, which optimizes AI-driven transcription services. These products are designed to cater to various use cases, including image generation, data collection, and large language model applications.SaladCloud's revenue model is primarily based on a usage-based pricing structure, where clients pay for GPU time as they consume it.02 per hour for GPU usage. The company's revenue is generated through transactions involving both individual GPU owners, who share their idle resources in exchange for rewards, and business clients utilizing the platform for high-performance computing needs. The transactions can be characterized as B2B, with companies directly purchasing compute hours for their operations, while GPU owners earn credits that can be redeemed for various rewards. plans to enhance its cloud infrastructure and develop a new enterprise vertical targeting Web3 innovators. The strategic use of funds is aimed at scaling operations to better serve a growing customer base.
Who invested in Salad Technologies
5 investors across 2 rounds
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Questions about Salad Technologies
Who invested in Salad Technologies?
Salad Technologies has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Salad Technologies raised?
Salad Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Salad Technologies last raise money?
Salad Technologies's most recent round on record is a Series A, in Mar 2022.
What does Salad Technologies do?
Salad Technologies is a software company.
Where is Salad Technologies headquartered?
Salad Technologies is headquartered in Salt Lake City, US.
Which VCs invest in companies like Salad Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Salad Technologies's stage. Their profiles are linked below.
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