Vultr, a leading US-based cloud infrastructure company, has successfully raised $333 million in growth financing, achieving a $3.5 billion valuation. This latest funding round was led by LuminArx Capital Management and AMD Ventures, both of which recently supported other AI-focused companies like Liquid AI and Ayar Labs.
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
Jeff Bezos
Redefining AI Infrastructure
Founded in 2014 by David Aninowsky and self-funded for over a decade, Vultr has become synonymous with scalability, global reach, compliance, and unparalleled price-to-performance in the AI infrastructure and cloud computing space.
The company aims to make high-performance cloud infrastructure simple, affordable, and locally accessible for enterprises and innovators.
Currently, Vultr serves hundreds of thousands of active customers across 185 countries, offering flexible and scalable solutions like Cloud Compute, Cloud GPU, Bare Metal, and Cloud Storage.
Its AI cloud service, which provides GPU access on a lease basis, is rapidly becoming its most significant revenue driver.
“We are thrilled to welcome our new equity investors as we accelerate growth to meet the demands of businesses and enterprises worldwide,” said David Aninowsky, Founder and Executive Chairman of Vultr.
“I’ve never been prouder of our extraordinary team and their commitment to delivering high-performance, easy-to-use cloud infrastructure on a global scale.”
A Trusted Alternative to Hyperscalers
Under CEO J.J. Kardwell’s leadership, Vultr has emerged as a leading independent alternative to traditional hyperscalers in the cloud infrastructure industry.
“Building on the strong foundation established by David, Vultr has positioned itself as the category-defining independent cloud infrastructure company,” said Kardwell.
“With LuminArx’s collaborative and innovative support and AMD’s strategic partnership, we’re set to further accelerate our growth in AI infrastructure and cloud computing.”
Endorsements from Key Investors
Tanisha Keshava Bellur, Partner at LuminArx, expressed excitement about partnering with Vultr: “Among the many companies we’ve evaluated in the AI infrastructure space, Vultr stands out for its exceptional leadership, stellar execution, and proven track record of delivering high-performance cloud solutions for over a decade.”
Mathew Hein, Senior Vice President and Chief Strategy Officer at AMD, highlighted Vultr’s innovative approach: “With their expertise in secure, compliant, and scalable cloud infrastructure, combined with the deployment of AMD Instinct accelerators, Vultr empowers enterprises and AI innovators with access to cutting-edge computing for AI model development and deployment. We are proud to support their continued growth.”
Accelerating a Global Mission
Vultr’s vision is clear: to redefine cloud infrastructure and AI innovation with a commitment to accessibility, affordability, and high performance.
This latest funding round not only underscores the company’s success but also solidifies its role as a transformative force in the AI and cloud computing industries.