Bengaluru AI Startup Simplismart Raises $14 Mn in NVIDIA-Backed Round
Simplismart, which builds optimization software for running AI models on GPU infrastructure, closed a $14 million Series B round with participation from NVIDIA, Accel, Shastra VC and Micromax. The company plans to expand its AI inference platform, grow cloud provider partnerships, and enter new markets including North America. Simplismart serves video, voice and multimodal AI customers and reported a 14x growth in annualized revenue in the past six months.
Key points
- $14 Mn Series B led by Dallas Venture Capital with NVIDIA backing
- Optimizes cost and performance of running AI models on GPU infrastructure
- 14x revenue growth in past six months
- Expanding to North America and partnering with cloud providers
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