Aarna Networks September 2024 Series A Funding Round

Aarna.ml has secured $6.7 million in a Series A funding round led by Exfinity Venture Partners. This round brings the total raised by the company to $12.2 million, following an earlier Series A round in October 2023 that brought in $5.5 million from investors such as NVIDIA, LDV Partners, 3Lines, and CARAT Venture Partners.

Founded in 2018 by Amar Kapadia and Sriram Rupanagunta, Aarna.ml specializes in providing open-source GPU-as-a-Service (GPUaaS) software for AI cloud management. The platform allows GPU providers and NVIDIA Cloud Partners to offer multi-tenant GPU instances, which are hyperscaler-grade and provide full isolation for users, all while using a common GPU pool. This service is designed to support diverse AI workloads in a secure and robust environment.

The new funding will primarily be used to accelerate product development, particularly focusing on its GPU cloud management capabilities. Aarna.ml aims to expand its reach and further develop its platform to meet the increasing demand for efficient AI cloud solutions.