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Lambda

Systems and Information Management · San Jose, CA · Founded 2012 · Privately Held (backing)

Developer of a cloud computing platform designed for large-scale artificial intelligence training and inference. Lambda is based in San Jose, CA and was founded in 2012. It is valued at about $10.6 billion as of Oct 2026, set by secondary market price, up 95% since its Series E in Nov 2025. It has raised $2.4 billion across 16 recorded rounds; the latest was a $926 million general corporate purpose round in Aug 2026.

PMV mark · valuation
$10.6B
Oct 2026
Secondary market · $/share
$56
Total raised
$2.4B
Last round
General Corporate Purpose
Aug 2026

Leadership

5
+ 16 more people (board, observers, advisors) · free account shows everyone

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Who runs Lambda

21 people are listed on the Lambda team: 16 executives and 5 board members, including Michael Balaban (Co-Founder) and Michel Combes (Chief Executive Officer). 20 of them have a verified direct contact on file.

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  • ·Post-money valuations for 8 rounds
  • ·The complete investor list: 60 names
  • ·Everyone on the team, board and advisors included
  • ·Watch Lambda: the Monday email on marks, rounds and moves
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Contact database
Verified contact details, revealed on demand

20 of the people at Lambda have a verified contact on file. Plus members reveal 10 contacts a month, Pro members 200.

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