The round, which includes primary and secondary funding, was led by Lightspeed Venture Partners, Index Ventures, and Evantic, with participation from existing investor Sequoia Capital. This brings Fireworks' total funding to $327 million.

Fireworks AI is the global AI inference cloud and infrastructure platform that enables teams like Cursor, Uber, DoorDash, and Shopify to build, tune, and scale highly optimized generative AI applications. Founded by the team behind PyTorch, and backed by Sequoia, Benchmark, Lightspeed, Index, Nvidia, and AMD. Fireworks provides deep support for hundreds of state-of-the-art open models in text, image, audio, embedding, and multi-modal formats globally.