Run:AI

Platform for AI Virtualization and Orchestration

Business Software
Acquired (Inactive) by Nvidia on Apr 2024 - closed due to acquisition

Company Overview

Snapshot

Founded in March 2018 by Omri Geller and Ronen Dar, Run:AI operates with 51–200 employees. The company has raised a total of $118 million across 4 funding rounds from 4 investors. In April 2024, Run:AI was acquired by Nvidia.

Business overview

Run:AI develops a platform for AI virtualization and orchestration, bridging the gap between data science and computing infrastructure. Its core technology creates a high-performance compute virtualization layer for deep learning, accelerating the training of neural network models and enabling the development of large AI models. The platform abstracts workloads from underlying infrastructure to create a shared pool of resources, dynamically provisioned for full utilization of expensive GPU compute. Built on Kubernetes, it integrates with leading open-source frameworks, serving enterprise markets within the Business Software sector, specifically focusing on IT, R&D, and Data Solutions.

Strategic signal

The acquisition of Run:AI by Nvidia in April 2024, following regulatory approval in December 2024, signals a significant consolidation in the AI infrastructure market. This move by a major chipmaker like Nvidia indicates a strategic effort to enhance its AI capabilities and integrate advanced orchestration solutions directly into its ecosystem, potentially impacting the competitive landscape for AI development and deployment.

Company Intelligence Q&A

What was a significant recent development for Run:AI?
In April 2024, Run:AI was acquired by Nvidia. This acquisition was subject to regulatory review, with approval granted in December 2024.
Which investors participated in Run:AI's Series C funding round?
Run:AI raised a Series C round with participation from lead investor Tiger Global Management and follow-on investor TLV Partners.
When did Run:AI secure its Series B funding?
In January 2021, Run:AI secured its Series B funding round. Insight Partners led this round, with follow-on investments from S Capital VC and TLV Partners.
What was the nature of the partnership announced in October 2020?
In October 2020, NetApp AI and Run:AI partnered to accelerate data science initiatives.
What recognition did Run:AI receive in May 2021?
In May 2021, Run:AI was named a "Cool Vendor" in Enterprise AI Operationalization and Engineering by the Gartner Research Group.

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