{"id":24091,"date":"2026-06-22T17:30:00","date_gmt":"2026-06-22T15:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=0e6c799c2ee4a792f2e6abb935857fb3"},"modified":"2026-06-22T17:30:00","modified_gmt":"2026-06-22T15:30:00","slug":"upscale-ai-adds-190-million-in-extension-to-series-a-reaching-half-billion-dollars-in-total-funding","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=24091","title":{"rendered":"Upscale AI Adds $190 Million in Extension to Series A, Reaching Half-Billion Dollars in Total Funding"},"content":{"rendered":"<p class=\"bwalignc\">\n<i>Funding Accelerates Scaling of its Open-Standard AI Networking Solutions<\/i><\/p><p>SANTA CLARA, Calif.--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fupscaleai.com%2F&amp;esheet=54556960&amp;newsitemid=20260618053226&amp;lan=en-US&amp;anchor=Upscale+AI%2C+Inc.&amp;index=1&amp;md5=04a62efffd470cf7fb405654bc9c226c\" rel=\"nofollow\" shape=\"rect\">Upscale AI, Inc.<\/a>, a pure-play AI networking infrastructure company, today announced it has raised $190 million in Series A-1 financing. This latest investment brings the company\u2019s total funding to $500 million, and its current valuation to $2 billion, reflecting strong investor conviction in the AI networking market and Upscale AI\u2019s unique innovation in driving open-standards solutions for it.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260618053226\/en\/2835364\/5\/Upscale_AI_Logo_91625.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260618053226\/en\/2835364\/22\/Upscale_AI_Logo_91625.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260618053226\/en\/2835364\/5\/Upscale_AI_Logo_91625.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260618053226\/en\/2835364\/21\/Upscale_AI_Logo_91625.jpg\" \/><\/a><p>\nThe Series A-1 round was led by <b>Premji Invest<\/b>, and included funding from new investors, <b>NVIDIA, Salesforce Ventures, Seligman Ventures, and Temasek <\/b>as well as participation from existing investors, <b>Maverick Silicon, Mayfield, Prosperity7 Ventures, StepStone Group, and Tiger Global.<\/b><\/p><p>\nUpscale AI is reimagining networking for the AI era with a full-stack portfolio spanning silicon, systems, and software. Through a unified, open-standard AI fabric, the company connects accelerators, memory, and storage into a single high-performance AI engine purpose-built to eliminate network bottlenecks across large-scale, synchronized AI workloads, including training and inference of frontier models.<\/p><p>\nThe company is actively engaged with multiple hyperscalers and leading neocloud infrastructure providers, with customer evaluations and deployments underway across scale-out and scale-up networking environments.<\/p><p>\nUpscale AI will use the new capital to scale the business and accelerate delivery of its advanced AI-native networking technology.<\/p><p>\n\u201cAI infrastructure is being redefined at cluster scale, and networking is one of the most critical bottlenecks. Upscale AI is building a high-performance, open-standard AI fabric purpose-built for large-scale, synchronized workloads,\u201d said <b>Barun Kar, CEO of Upscale AI<\/b>. \u201cThis investment reinforces our vision and enables us to scale the business as we engage with leading neocloud and hyperscale infrastructure providers to meet growing demand for open, interoperable AI infrastructure.\u201d<\/p><p>\n\u201cRajiv, Barun, and the Upscale AI team are tackling one of the most critical bottlenecks in AI infrastructure, and they're doing it with a world-class team and a differentiated architectural approach,\u201d said <b>Sandesh Patnam, Managing Partner at Premji Invest. <\/b>\u201cThe progress we've seen since our initial investment has only deepened our conviction, and we're thrilled to lead this round and double down on the company's vision.\u201d<\/p><p>\n\u201cThe next leap in AI performance will be won in the networking that ties compute, memory, and storage together,\u201d said <b>Navin Chaddha, Managing Partner at Mayfield<\/b>. \u201cWhat excites us is how Upscale AI is reimagining AI networking with an open-standard, full-stack approach that gets accelerators, memory, and storage operating in lockstep. At Mayfield, we invest in people first, and we're proud to partner with Barun and Rajiv as they build an enduring company powering the era of frontier AI.\u201d<\/p><p>\n\u201cBuilding the future of AI requires a rethink of underlying data center infrastructure, particularly as organizations demand scalable, interoperable systems that avoid vendor lock-in,\u201d said <b>Emily Zhao, Managing Director at Salesforce Ventures<\/b>. \u201cUpscale AI addresses this challenge by combining a commitment to open networking standards with a zero-packet-loss architecture that maximizes hardware utilization. Their work is vital to unlocking the potential of high-density AI workloads, and this is the right team to be innovating here. We are thrilled to partner with them.\u201d<\/p><p>\n\u201cThe next major bottleneck in AI data centers is networking, alongside compute,\u201d said <b>Umesh Padval, Managing Partner at Seligman Ventures<\/b>. \u201cAs AI clusters scale across increasingly heterogeneous environments, open-standard fabrics will become critical to enabling performance, interoperability, and infrastructure flexibility. Upscale AI is addressing this challenge with a full-stack, open-standard architecture purpose-built for the realities of modern AI workloads. We\u2019re excited to partner with repeat founders Rajiv and Barun as they build the next-generation networking company for the AI era.\u201d<\/p><p>\n\u201cWhat stands out about Upscale AI is the team\u2019s ability to take on complex, system-level challenges and execute with clarity,\u201d said <b>John Avirett, Partner at StepStone Group<\/b>. \u201cWe believe they are building with a long-term view of how AI infrastructure needs to evolve, with an innovative AI networking portfolio purpose-built for large-scale training and inference of frontier models.\u201d<\/p><p>\n\u201cUpscale AI continues to embody the type of category-defining innovation we look for as investors,\u201d said <b>Abhishek Shukla, Managing Director of Prosperity7 Ventures US<\/b>. \u201cOur decision to deepen our investment reflects our long-term conviction in both the team and the market opportunity ahead. As demand for AI networking infrastructure accelerates, we believe Upscale AI is well positioned to build lasting leadership in this space.\u201d<\/p><p>\n\u201cUpscale AI is one of the fastest-growing companies in the AI networking space,\u201d said <b>Rajiv Khemani, Executive Chairman of Upscale AI<\/b>. \u201cAs the team makes rapid progress building out our product portfolio, this investment will help us execute on immediate priorities while advancing Upscale AI\u2019s long-term ambitions.\u201d<\/p><p>\n<b>About Upscale AI<\/b><\/p><p>\nUpscale AI is a pure-play AI networking infrastructure company enabling heterogeneous compute through open-standard, full-stack, turnkey solutions. Its portfolio is purpose-built for ultra-low-latency networking, enabling breakthrough performance and scalability across AI training, inference, and generative AI deployments.<\/p><p>\nFor more information, visit <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fupscaleai.com&amp;esheet=54556960&amp;newsitemid=20260618053226&amp;lan=en-US&amp;anchor=https%3A%2F%2Fupscaleai.com&amp;index=2&amp;md5=1b609781722b727a82bf07770f76067e\" rel=\"nofollow\" shape=\"rect\">https:\/\/upscaleai.com<\/a>.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Media Contact:<\/b><br\/>Racepoint Global for Upscale AI\n<br\/><a  href=\"mailto:upscaleai@racepointglobal.com\" rel=\"nofollow\" shape=\"rect\">upscaleai@racepointglobal.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Funding Accelerates Scaling of its Open-Standard AI Networking SolutionsSANTA CLARA, Calif.&#8211;(BUSINESS WIRE)&#8211;Upscale AI, Inc., a pure-play AI networking infrastructure company, today announced it has raised $190 million in Series A-1 financing. This &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24091","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24091"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24091\/revisions"}],"predecessor-version":[{"id":24092,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24091\/revisions\/24092"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}