Cloud infrastructure company Vultr announced it completed a growth financing at a $3.5 billion valuation led by LuminArx Capital Management and AMD Ventures.
Vultr will use this new equity funding to support its accelerated global expansion in AI infrastructure and cloud computing. Building on over a decade of operating history, Vultr’s new financing helps further its mission to be the AI infrastructure and cloud computing partner of choice for global enterprises and AI innovators.
Launched in 2014 by David Aninowsky and self-funded for over a decade, Vultr provides scalability, global reach, compliance, and price-to-performance for AI infrastructure and cloud computing.
With this equity funding, Vultr is expanding access to global cloud infrastructure to enable a new era of AI-native applications. With 32 cloud data center regions across six continents, Vultr is the only globally available, independent, full-stack AI infrastructure and cloud computing platform.
Goldman Sachs served as the exclusive financial advisor to Vultr for this transaction.
KEY QUOTES:
“We are pleased to welcome our new equity investors as we accelerate growth to meet the needs of enterprises and businesses of all sizes globally. I have never been more proud of what this extraordinary team has done to deliver easy-to-use, high-performance cloud infrastructure globally.”
- David Aninowsky, Founder and Executive Chairman of Vultr
“Building upon the foundation created by David Aninowsky, Vultr has become the leading cloud infrastructure alternative to traditional hyperscalers. As we continue our global expansion, LuminArx’s collaborative, innovative approach and AMD’s strategic impact enable Vultr to further accelerate growth in AI infrastructure and cloud computing, creating the category-defining independent cloud infrastructure company.”
- J.J. Kardwell, CEO of Vultr
“We are excited to partner with Vultr to accelerate the growth of a standout leader in the cloud infrastructure industry. Among the many management teams and companies we’ve evaluated in the AI infrastructure space, Vultr distinguishes itself through exceptional leadership, outstanding execution, and a proven track record of delivering high-performance cloud infrastructure for over a decade.”
- Tanisha Keshava Bellur, Partner at LuminArx
“Vultr’s deep experience delivering secure, compliant and scalable cloud infrastructure and their deployment of AMD Instinct accelerators positions them as an innovative cloud solutions provider. We share Vultr’s mission to empower enterprises and AI innovators with unparalleled access to high-performance compute for AI model development and deployment and are proud to support their growth.”
- Mathew Hein, Senior Vice President and Chief Strategy Officer of Corporate Development at AMD
