ÃØÃÜÑо¿Ëù

Internal Server Error
Unlock full details of this profile with our free LiteÌý±è±ô²¹²Ô!
Sign Up and Get Free Access

Last updated:

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
Ranked
63rd among
Employee Count
as on Dec 31, 2021
Similar Companies
Exit Details
Acquired by DigitalOcean (Jul 06, 2023)
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
lockAccess funding benchmarks and valuations. Sign up today!

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:
Employee count trend for Paperspace
lockUncover Paperspace's growth story! Sign up today!
chrome_extension_cta_illustration
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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Veritone
Veritone
2014, Irvine (United States), Public
Platform offering AI and cloud-based cognitive analytics platform for audio and video content
$15M
72/100
2nd
Logo for Weights & Biases
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
Logo for Odoo
Odoo
2005, Brussels (Belgium), Series E
Cloud-based open-source enterprise resource planning software
$483M
General Atlantic, Summit PartnersÌý&²¹³¾±è;Ìý
71/100
4th
Logo for DataRobot
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
Logo for OutSystems
OutSystems
2001, Linda A Velha (Portugal), Series F
Low code application development platform
$803M
CPP Investments, KKRÌý&²¹³¾±è;Ìý
71/100
6th
Logo for DigitalOcean
DigitalOcean
2011, New York City (United States), Public
Cloud based integrated application development platform
$174M
HighGear Ventures, HTIFÌý&²¹³¾±è;Ìý
71/100
7th
Logo for Vercel
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
Logo for Heroku
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
Logo for Abacus.AI
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
Logo for Anyscale
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
Logo for Paperspace
2014, Brooklyn (United States), Acquired
Cloud based machine learning development platform provider
$35M
Battery Ventures, Intel CapitalÌý&²¹³¾±è;Ìý
45/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
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

•
Tullahoma News•Jan 18, 2024•DigitalOcean, NVIDIA, Paperspace
•
Tullahoma News•Jul 10, 2023•Paperspace, DigitalOcean
•
Seeking Alpha•Jul 06, 2023•Paperspace, DigitalOcean
•
Business Wire•Feb 14, 2023•Paperspace,
•
PRWeb•Oct 06, 2021•Paperspace
•
AiThority•Oct 16, 2020•Arize, 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
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!
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
  • Ethiek - Mumbai based, 2023 founded, Unfunded company
  • Ebytel - Saint Leonard dAston based, 2013 founded, Unfunded company
  • Biotonix - Sorel Tracy based, 1996 founded, Unfunded company
ÃØÃÜÑо¿Ëù powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USPalo Alto NetworkMaersk GrowthFujitsuTenityStanford