webAI
CompanyKey Takeaways
• webAI Expands Leadership & Secures $700M Valuation: Austin-based webAI appoints top executives from Apple, Benchmark Capital, and Activision Blizzard to its board, reinforcing its mission to revolutionize AI. • Funding Fuels AI Innovation: With $60M raised, webAI accelerates the shift from cloud AI to local, cost-effective, and secure AI solu
Date
Sep 10, 2024
Category
ai
Lead investor
Sequoia
Stage
Series A
Size
$24M
Norwest Venture Partners
Lobby Capital
General Catalyst
Lightspeed
Benchmark
Future Positive
Initialized Capital
Wing VC
M12
a16z
Oliver Jung
J.P. Morgan