Paperspace - About the company
Paperspace is an acquired company based in Brooklyn (United States), founded in 2014 by and . It operates as a Cloud based machine learning development platform provider. Paperspace has raised $35M in funding from investors like Initialized Capital, and Intel Capital. The company has 852 active competitors, including 165 funded and 60 that have exited. Its top competitors include companies like Veritone, Weights & Biases and Odoo.
Company Details
Cloud based machine learning development platform provider. Virtual desktops are provisioned in minutes and can be accessed through any web browser. It allows a personal computer to take cloud much like what the Chromebook does as against desktop virtualization solutions that exist today. It has also come up with a device that can connect to Paperspace with the availability of the Internet.
- Website
- Social
- Email ID
- @paperspace.com
Key Metrics
Founded Year
2014
Location
Brooklyn, United States
Stage
Acquired
Total Funding
in 6 rounds
Latest Funding Round
Investors
Ranked
63rd among
Employee Count
as on Dec 31, 2021
Similar Companies
Veritone &
Exit Details
Acquired by DigitalOcean (Jul 06, 2023)
Legal entities associated with Paperspace
Paperspace is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 472339071 United States, Active | Dec 26, 999 | - | 20 (as on Dec 31, 2021) | - |
Get your free copy of Paperspace's company profile
Paperspace's acquisition details
Paperspace got acquired by DigitalOcean on Jul 06, 2023 at an acquisition amount of $111M. It was facilitated by Union Square Advisors.
Click to take a look at Paperspace's acquisition in detail
Paperspace's funding and investors
Paperspace has raised a total funding of $35M over 6 rounds. Its first funding round was on Mar 03, 2015.
Paperspace has 30 institutional investors including Initialized Capital, and Intel Capital. There is only 1 Angel Investor in Paperspace.
Here is the list of recent funding rounds of Paperspace:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
May 24, 2021 | $6.18M | Series A | 1803709 | 5145035 | - |
Oct 16, 2018 | $13M | Series A | 1518425 | 5507557 | |
Oct 04, 2016 | $4M | Series A | 1791391 | 3329741 | Ludlow Ventures, DCVC, and |
View details of Paperspace's funding rounds and investors
Paperspace's founders and board of directors
The founders of Paperspace are and . is the CEO of Paperspace.
Here are the details of Paperspace's key team members:
- : Co-Founder & CEO of Paperspace. Contact Info:
- : Co-Founder of Paperspace.
View details of
Paperspace's employee count trend
Paperspace has 20 employees as of Dec 21. The total employee count is 11.0% more than what it was in Dec 20. Here is Paperspace's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
Our Google Chrome extension lets you view company details while browsing their websites
Paperspace's Competitors and alternates
Top competitors of Paperspace include Veritone, Weights & Biases and Odoo. Here is the list of Top 10 competitors of Paperspace, ranked by ÃØÃÜÑо¿Ëù score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | Veritone 2014, Irvine (United States), Public | Platform offering AI and cloud-based cognitive analytics platform for audio and video content | $15M | Herald Investment Management, cda VenturesÌý&²¹³¾±è;Ìý | 72/100 |
2nd | Weights & Biases 2017, San Francisco (United States), Acquired | Provider of machine learning model development and management solutions | $250M | Sapphire Ventures, Bond CapitalÌý&²¹³¾±è;Ìý | 71/100 |
3rd | Cloud-based open-source enterprise resource planning software | $483M | General Atlantic, Summit PartnersÌý&²¹³¾±è;Ìý | 71/100 | |
4th | ![]() DataRobot 2012, Boston (United States), Series G | Provider of an AI and cloud based data science platform | $1.05B | Glynn Capital, Silver LakeÌý&²¹³¾±è;Ìý | 71/100 |
5th | OutSystems 2001, Linda A Velha (Portugal), Series F | Low code application development platform | $803M | CPP Investments, KKRÌý&²¹³¾±è;Ìý | 71/100 |
6th | DigitalOcean 2011, New York City (United States), Public | Cloud based integrated application development platform | $174M | HighGear Ventures, HTIFÌý&²¹³¾±è;Ìý | 71/100 |
7th | Vercel 2015, Covina (United States), Series E | Provider of developer tools and cloud infrastructure for web application development and deployment | $563M | Google Ventures, SV AngelÌý&²¹³¾±è;Ìý | 69/100 |
8th | Heroku 2007, San Francisco (United States), Acquired | Saas based provider of integrated platform as a service solutions | $17M | Redpoint Ventures, Baseline VenturesÌý&²¹³¾±è;Ìý | 69/100 |
9th | ![]() Abacus.AI 2019, San Francisco (United States), Series C | Provides AI based data models creation for data science | $90.2M | Index Ventures, CoatueÌý&²¹³¾±è;Ìý | 67/100 |
10th | Anyscale 2019, San Francisco (United States), Series C | Provider of an AI-based open source framework for building distributed applications | $260M | New Enterprise Associates, IntelÌý&²¹³¾±è;Ìý | 66/100 |
63rd | 2014, Brooklyn (United States), Acquired | Cloud based machine learning development platform provider | $35M | Battery Ventures, Intel CapitalÌý&²¹³¾±è;Ìý | 45/100 |
Looking for more details on Paperspace's competitors? Click to see the top ones
Paperspace's Investments and acquisitions
Paperspace has made no investments or acquisitions yet.
Reports related to Paperspace
Here is the latest report on Paperspace's sector:
View
News related to Paperspace
•
•
•
•
Business Wire•Feb 14, 2023•Paperspace,
•
PRWeb•Oct 06, 2021•Paperspace
•
•
AiThority•Oct 11, 2019•Paperspace
•
TechCrunch+•Sep 24, 2019•Paperspace
•
DEVOPSdigest•Sep 24, 2019•Paperspace
•
PR Newswire•Oct 16, 2018•Paperspace, Battery Ventures, SineWave Ventures, Intel Capital and 2 others
Are you a Founder ?
FAQ's about Paperspace
Explore our recently published companies
- WeBox - San Jose based, 2018 founded, Unfunded company
- CloudOnHire - Bengaluru based, 2011 founded, Funding Raised company
- Gaznat - Vevey based, 1968 founded, Unfunded company