Anyscale, the company enabling instant scaling of AI applications, has secured $100 million in Series C funding at a $1 billion valuation, bringing the company's total financing to $160 million. Andreessen Horowitz and Addition co-led the round with participation from existing investors NEA, Intel Capital and Foundation Capital. In addition, the company today announces the general availability of the Anyscale managed platform, which enables any developer and any organization to develop and instantly scale applications without the complexity of building and managing infrastructure.

Anyscale, the company founded by the creators of Ray, is accelerating the development and productionization of AI applications, at any scale. Ray, the fastest growing open source project in distributed AI, lets developers instantly scale applications from a laptop to the cloud, without the cost or expertise of building complex infrastructure. By empowering developers of all skill levels to effortlessly develop and scale the end-to-end AI lifecycle on a single compute substrate and deploy the app into production, Anyscale is enabling organizations to bring AI products to market faster and at lower costs.