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About Modular
Industries
Data & Analytics
AI & Machine Learning
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$126.5M
Headquarters
Palo Alto, California
Founded
2022
Overview
Modular provides a platform that simplifies AI infrastructure for businesses in various industries, including technology, engineering, and finance. Its product suite is designed to be integrated and composable, allowing teams to develop, deploy, and innovate more efficiently. The platform offers direct access to industry experts, helping clients address infrastructure challenges and meet their Service Level Agreements (SLAs) and Service Level Objectives (SLOs). Unlike competitors, Modular focuses on creating a user-friendly experience and emphasizes a culture of teamwork, learning, and diversity. The company's goal is to continuously innovate and enhance its platform, recently adding support for dynamic shapes in AI workloads to improve flexibility and efficiency.
Simplify's Take
What believers are saying
- Growing demand for AI infrastructure supports Modular's scalable business model.
- Interest in AI-first programming languages may increase platform adoption.
- Edge computing trend creates opportunities for Modular's edge-to-datacenter distribution.
What critics are saying
- Rapid evolution of AI languages may cause fragmentation and compatibility issues.
- Dependency on NVIDIA hardware could impact Modular's flexibility and bargaining power.
- Investor pressure from $100M funding may lead to strategic misalignments.
What makes Modular unique
- Modular unifies AI development and deployment with a 'just works' approach.
- The platform supports dynamic shapes, enhancing flexibility and efficiency for AI workloads.
- Collaboration with NVIDIA boosts platform capabilities with high-performance computing solutions.
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Funding
Total Funding
$126.5M
Above
Industry Average
Funded Over
2 Rounds
SV Angel
General Catalyst
Greylock PartnersBenefits
Health Insurance
401(k) Company Match
Unlimited Paid Time Off
Stock Options
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↑ 3%Join us in returning to NYC on June 5th to collaborate with executive leaders in exploring comprehensive methods for auditing AI models regarding bias, performance, and ethical compliance across diverse organizations. Find out how you can attend here. Blink, and you might just miss the invention of yet another programming language. The old joke goes that programmers spend 20% of their time coding and 80% of their time deciding what language to use. In fact, there are so many programming languages out there that we are not sure how many we actually have. It’s probably safe to say there are at least 700 programming languages lingering in various states of use and misuse
Today, Modular is excited to announce that it is collaborating with NVIDIA to bring the power of NVIDIA GPUs, CPUs and CUDA software to the Modular Accelerated Execution (MAX) Platform.
We are building a next-generation AI developer platform for the world. Read our latest post on how The Case for a Next-Generation AI Developer Platform
We are building a next-generation AI developer platform for the world. Read our latest post on how We’ve raised $100M to fix AI infrastructure for the world's developers
Modular nabs $100M for its AI programming language and inference engine - SiliconANGLE
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About Modular
Industries
Data & Analytics
AI & Machine Learning
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$126.5M
Headquarters
Palo Alto, California
Founded
2022
Modular is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today