Nvidia backs Indian AI inference startup Simplismart in $14M Series B at about $100M valuation
Nvidia participated in a $14 million all-primary Series B round for Bengaluru-based Simplismart, alongside Accel, Shastra VC and Micromax. Dallas Venture Capital led the round, which values the four-year-old startup at about $100 million. Simplismart sells software that tunes how AI models are deployed on existing GPU infrastructure, in some cases reducing the number of GPUs needed. The company says its annualized revenue run rate grew 14-fold in six months to an eight-figure sum, and it plans to expand in the U.S. This is business and funding news with no security incident, vulnerability or threat activity described.
Detalhes técnicos
- The software sits between AI models and compute infrastructure and optimizes response latency, request throughput and compute consumption.
- It can be deployed via Simplismart's platform or within customers' cloud and on-premises environments, and supports fine-tuning, autoscaling and performance monitoring.
- Simplismart reports it cut InVideo's GPU serving costs by 56%. Yotta uses it for the serverless inference service in its Shakti Studio platform.
- Simplismart is working with Nvidia on technical integrations, including Nvidia's Dynamo inference software.
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Nvidia backs Indian AI inference startup Simplismart in $14M Series B at about $100M valuation
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Nvidia participated in a $14 million all-primary Series B round for Bengaluru-based Simplismart, alongside Accel, Shastra VC and Micromax. Dallas Venture Capital led the round, which values the four-year-old startup at about $100 million. Simplismart sells software that tunes how AI models are deployed on existing GPU infrastructure, in some cases reducing the number of GPUs needed. The company says its annualized revenue run rate grew 14-fold in six months to an eight-figure sum, and it plans to expand in the U.S. This is business and funding news with no security incident, vulnerability or threat activity described.
Technical Details
- The software sits between AI models and compute infrastructure and optimizes response latency, request throughput and compute consumption.
- It can be deployed via Simplismart's platform or within customers' cloud and on-premises environments, and supports fine-tuning, autoscaling and performance monitoring.
- Simplismart reports it cut InVideo's GPU serving costs by 56%. Yotta uses it for the serverless inference service in its Shakti Studio platform.
- Simplismart is working with Nvidia on technical integrations, including Nvidia's Dynamo inference software.