StoryFunding
SambaNova introduces SN50 chip and closes $350M Series E funding round
SambaNova announced Series E funding of $350 million led by Vista Equity Partners and Cambium Capital. Intel co-invested $35 million, increasing its stake to 8.2% from prior holding. The company unveiled the SN50 chip with 2.5× the throughput of its SN40L predecessor.
- $350M Series E funding round led by Vista and Cambium
- Intel co-invested $35M, raising stake to 8.2%
- SN50 offers 2.5× throughput on 16-bit data vs SN40L
- SoftBank first customer deploying SN50 in Japan data centers