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INTC Intel Corporation

31.86
-0.17 (-0.53%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.17 -0.53% 31.86 31.86 31.87 32.11 31.59 32.06 41,464,977 00:58:28

Open-Source Startup Anyscale Raises $40 Million in Series B Funding Round

21/10/2020 3:28pm

Dow Jones News


Intel (NASDAQ:INTC)
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By Colin Kellaher

 

Open-source startup Anyscale on Wednesday said it raised $40 million at an undisclosed valuation in an oversubscribed Series B funding round.

The Berkeley, Calif., company said existing investor New Enterprise Associates Inc. led the round, which brings its total funding to more than $60 million.

Andreessen Horowitz, Foundation Capital and Intel Capital, the venture arm of semiconductor giant Intel Corp., also participated.

Anyscale, which developed the Ray open-source project, said it will use the funding to expand the ecosystem around the project and to bring its first commercial offering to market.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 21, 2020 10:13 ET (14:13 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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