Tech | Berkeley, Ca

Anyscale Closes $40M Series B Funding to Simplify Distributed Application Development

Anyscale, creator of the Ray open source project which enables developers to build scalable libraries and apps without worrying about the underlying infrastructure, closed a $40 million Series B funding round, led by existing investorĀ NEA, with Andreessen Horowitz, Foundation Capital, and Intel Capital participating. Funds will help remove barriers from building scalable distributed applications by enhancing the Ray and commercializing it. [Full story]