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Networking startup Upscale AI raises $190 million at a $2 billion valuation

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Networking startup Upscale AI raises $190 million at a $2 billion valuation

Premji Invest led the round, which brings Upscale AI's total funding to $500 million in under 18 months

J Studios / Getty Images

Upscale AI raised $190 million in a Series A-1 round, valuing the Santa Clara, California-based AI networking startup at $2 billion, according to Fortune.

Premji Invest, a $15 billion investment fund, led the round. New investors include Nvidia $NVDA, Salesforce $CRM Ventures, Temasek, and Seligman Ventures. Returning backers Maverick Silicon, Mayfield, Prosperity7 Ventures, StepStone Group, and Tiger Global also participated,........

© Quartz