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Venture Capital News: Vultr Completes Growth Financing

2024-12-18
WEST PALM BEACH, FL, Vultr, the world's largest privately-held cloud infrastructure company, announced it has completed a growth financing at a $3.5 billion valuation.
Vultr, the world's largest privately-held cloud infrastructure company, announced it has completed a growth financing at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures. Vultr will use this new equity financing to support its accelerated global expansion in AI infrastructure and cloud computing. Building on more than a decade of operating history, Vultr's new financing helps further its mission to be the AI infrastructure and cloud computing partner of choice for enterprises and AI innovators globally.
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