Poolside raises $500 million Series B at $3 billion valuation

Poolside closed a $500M Series B led by Bain Capital Ventures, valuing the company at $3 billion. The round included DST Global, Nvidia, HSBC Ventures, LG Technology Ventures and eBay Ventures. The funds were directed toward bringing 10,000 NVIDIA GPUs online and scaling go-to-market efforts.