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About Vultr
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$323.9M
Headquarters
West Palm Beach, Florida
Founded
2014
Overview
Vultr provides cloud infrastructure services, specializing in high-performance SSD VPS (Solid State Drive Virtual Private Servers) that can be deployed globally in just 60 seconds. Their services include cloud compute instances, storage solutions, and networking capabilities, allowing clients to manage and deploy resources easily. Unlike many competitors, Vultr operates on a subscription-based model, where clients pay only for the resources they use, making it a cost-effective option for businesses of all sizes. With a strong focus on customer support, handling over 35,000 requests monthly, Vultr aims to simplify cloud computing for developers, startups, and enterprises across more than 150 countries.
Simplify's Take
What believers are saying
- Vultr's recent $333M funding supports global expansion and AI infrastructure growth.
- Deployment of AMD Instinct MI325X GPUs enhances Vultr's AI and GPU offerings.
- Strategic partnerships with AMD, Broadcom, and Juniper boost Vultr's cloud capabilities.
What critics are saying
- Increased competition in AI and GPU capabilities may erode Vultr's market share.
- Dependence on AMD could pose risks if supply chain issues arise.
- Expansion into new regions may expose Vultr to geopolitical and regulatory challenges.
What makes Vultr unique
- Vultr offers over 20 data center locations across five continents for low latency.
- The company provides high-performance cloud infrastructure at a fraction of Big Tech costs.
- Vultr's SSD VPS can be deployed globally in just 60 seconds.
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Funding
Total Funding
$323.9M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Remote Work Options
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Paid Vacation
Paid Sick Leave
Home Office Stipend
Phone/Internet Stipend
Gym Membership
Company News
Vultr, the world's largest privately-held cloud infrastructure company, today announced the deployment of the AMD Instinct(TM) MI325X GPUs in its Chicago data center region, making it the first cloud provider to offer these cutting-edge AI solutions.
Vultr, a cloud AI startup, raised $333 million in a financing round co-led by AMD and LuminArx Capital, valuing the company at $3.5 billion. The funds will expand Vultr's cloud computing capabilities and GPU acquisitions. Vultr offers both AMD and NVIDIA GPUs, with AMD aiming to become Vultr's preferred AI hardware provider. The investment supports Vultr's global expansion and enhances its market position in cloud GPU solutions and AI infrastructure.
Vultr, a cloud infrastructure company, completed a growth financing round at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures. The funds will support Vultr's global expansion in AI infrastructure and cloud computing. With 32 data center regions worldwide, Vultr aims to be the preferred partner for enterprises and AI innovators. The investment highlights Vultr's leadership and execution in delivering high-performance cloud infrastructure.
Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial intelligence infrastructure.
Vultr today announced it has completed a growth financing at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures.
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About Vultr
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$323.9M
Headquarters
West Palm Beach, Florida
Founded
2014
There are no jobs for Vultr right now.
Find jobs on Simplify and start your career today