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Aarna.ml, an open source GPU-as-a-Service (GPUaaS) AI cloud software platform, has secured $1.25 million in a Series A funding round. The investment was led by Exfinity Venture Partners, a leading venture capital firm known for deep tech investments.
This funding round follows Aarna.ml’s previous funding of US$5.5 million in October 2023, co-led by NVIDIA, LDV Partners, 3Lines, CARAT Venture Partners, and others.
The funds raised will be used to expand the platform into a GPU reference architecture that includes high-speed networking and storage.
“In addition to the financial backing, Exfinity’s expertise in scaling deep tech startups in a cross-border environment will be a great help in our expansion. With Exfinity’s backing, we are well poised to scale and increase our influence in the industry,” said Amar Kapadia, Co-founder and CEO, Aarna.ml.
Founded in 2018 by Amar Kapadia and Sriram Rupanagunta, Aarna.ml enables GPU service providers and NVIDIA Cloud Partners (NCPs) to offer fully isolated, hyperscaler-grade, multi-tenant GPU instances while leveraging a common underlying pool of GPUs.
The Bengaluru-based platform’s client list includes notable names like Tigo, LGE, Equinix, Keysight, CableLabs and CapGemini Engineering.
Chinnu Senthilkumar, Managing Partner, Exfinity Ventures, said, “Our investment in Aarna.ml underlines the immense potential and value of Aarna’s innovative solutions in the AI cloud space. This collaboration aims to drive adoption of multi-tenant GPU instances and ensure a robust and isolated environment to serve diverse AI workloads.”
Sriram Rupanagunta, co-founder and SVP of Engineering at Aarna.ml added, “This investment strengthens our commitment to providing the most advanced GPU cloud management software in the market, and we are excited to explore the new opportunities this partnership brings.”