Upscale AI raises $200M to build a pure-play AI networking company

Upscale AI closed a $200 million Series A financing round led by Tiger Global, Premji Invest, and Xora Innovation with participation from Maverick Silicon, StepStone Group, Mayfield, Prosperity7 Ventures, Intel Capital, and Qualcomm Ventures. This new investment brings the total funding received to over $300 million.

Upscale plans to use the funding to deliver the first full-stack, turnkey platform spanning silicon, systems, and software built to interconnect the heterogeneous future of AGI.

As specialized AI compute continues to scale, it is increasingly constrained by retrofitted or proprietary networking architectures. Legacy data center network solutions were designed for a pre-AI world, not for the massive, tightly synchronized scale-up required at rack scale. Upscale AI was built from day one to solve this problem.

Upscale AI's solution enables the unified rack by collapsing the distance between accelerators, memory, and storage, transforming the entire stack into one cohesive, synchronized system. Upscale’s AI platform is built on and actively advances open standards and open source technologies, including ESUN, Ultra Accelerator Link (UAL), Ultra Ethernet (UEC), SONiC, and the Switch Abstraction Interface (SAI). 

Read the full press release here