$500M for Poolside Series B
Poolside, a startup specializing in artificial intelligence applied to software development, has announced that it has raised $500 million in a Series B round led by Bain Capital Ventures.
This round of financing, which also saw the participation of heavyweights such as eBay and Nvidia, will enable the company to accelerate its growth and invest massively in its technological infrastructures to strengthen its capacity for innovation.
With this new funding, Poolside plans to recruit additional talent in the fields of artificial intelligence and software development, while opening new research centers. The startup also plans to expand its presence on the international market, targeting major customers in the technology and industrial sectors, where software development automation is becoming a strategic issue.
The capital raised will also be used to step up collaborative efforts with other leading technology companies, leveraging strategic partnerships to develop more robust solutions to the complex challenges of modern software development.
This funding will enable us to realize our vision on a large scale and fundamentally transform the way software is developed, while stimulating innovation in the industry.
Jason Warner, Poolside CEO
With this round of financing, Poolside is positioning itself as a key player in the transformation of the sector, focusing on the creation of a global infrastructure capable of meeting the growing needs for software innovation, with a clear ambition for technological leadership.
The ACL teams supported poolside in this operation through their accounting services.
