Foundry, a Palo Alto-based AI/ML cloud provider, raised $80M in Seed and Series A funding rounds.

The funding was led by Sequoia Capital and Lightspeed Venture Partners. Foundry plans to utilize the funds to scale operations, enhance its AI/ML product offerings, and forge strategic partnerships.

Foundry aims to expand its AI/ML cloud platform, bolster products catering to AI workloads, and establish key alliances to drive growth in the AI/ML cloud market.