Modal's Series C: Raising $355M at a $4.65B valuation
Modal has successfully raised $355 million in a Series C funding round, achieving a post-money valuation of $4.65 billion. The company has experienced significant growth, surpassing $300 million in annualized revenue since September. Modal aims to provide a cloud platform specifically designed for AI workloads, offering developers the necessary tools to build a wide range of applications.
- ▪Modal raised $355 million in a Series C funding round led by General Catalyst and Redpoint.
- ▪The company has grown fivefold since September, surpassing $300 million in annualized revenue.
- ▪Modal is designed as a cloud platform for AI workloads, providing developers with essential tools for various applications.
Hacker News (Newest) files mainly under programming. We currently carry 5,305 of its stories.
Story provenance
Source · retrieval · rights · ranking — open for full record
inspect →
Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | Modal |
| Canonical URL | https://modal.com/blog/modal-series-c |
| Publication time | Mon, 25 May 2026 07:44:01 +0000 |
| Retrieval time | 2026-05-25T08:07:36.528Z |
| Last seen | 2026-05-25T08:07:36.528Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 2QSiJ36wgvk2 |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
All posts Back News May 21, 2026•3 minute read Modal's Series C: Raising $355M at a $4.65B valuation We’ve raised $355 million after growing fivefold since September, surpassing $300 million in annualized revenue. Our valuation is $4.65B post-money in a round led by General Catalyst and Redpoint, with Menlo, Bain Capital Ventures, and Accel joining as new investors. All our existing major investors participated as well, doubling down on their conviction in Modal. A new infrastructure layer for the AI eraWe started Modal because the cloud built for traditional web applications was never going to fit AI workloads. This was clear to us before the GenAI revolution and it becomes even more true as models and techniques advance.Modal is a cloud built for AI.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Modal.
Discussion
0 commentsMore from Modal
