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Lablup Inc. logo — Backend.ai

Lablup Inc.

Backend.ai

Founded 2015 Korea South Korea South 23 employees Series A Total: $12.50B AI, Computing +3

General Information

Company Name Lablup Inc.
Founded Year 2015
Location Korea South Korea South
Employees 23
Industries AI, Computing, Information Technology +2
Funding Stage Series A
Social

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About Lablup Inc.

Lablup Inc. is a South Korean startup pioneering computing-based research through cloud computing and artificial intelligence (AI) technologies. The company's flagship product, Backend.AI, is an open-source AI resource management platform designed to efficiently manage computing resources in both cloud and on-premise environments. It offers a virtualized computing environment, enabling calculations to be performed anytime, anywhere. Various companies, research institutes, and schools are leveraging Lablup's solutions to build machine learning R&D environments. Founded in 2015, Lablup operates within the AI, computing, information technology, SaaS, and machine learning industries. Their latest milestone was a significant KRW 10.50B Series A investment on 20 April 2023, which saw participation from prominent investors such as LB Investment, Daesung Private Equity, Industrial Bank of Korea, and K2 Investment Partners.

Taxonomy: Open Source, PaaS, Server Management, Deep Learning, STEM Education, Natural Language Processing, API Development

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A KRW10.50B 4
LB Investment Daesung Private Equity Industrial Bank of Korea
LB Investment, Daesung Private Equity +2
20 Apr 2023
Series A KRW2.00B 2
Kakao Ventures Stonebridge Ventures
Kakao Ventures, Stonebridge Ventures
27 Jun 2017
Non Equity Assistance Undisclosed 1
Google for Startups
01 May 2017

Lablup Inc. Alternatives & Competitors

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Lablup Inc. vs
Genie AI
Genie AI United Kingdom

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Series A
43 employees
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Lablup Inc. vs
Miletos Inc.
Miletos Inc. Turkey

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Lablup Inc. vs
PragmaCraft
PragmaCraft Turkey

Treat knowledge as a strategic asset!

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FAQ About Lablup Inc.

Backend.ai
Lablup Inc. was founded in 2015.
Lablup Inc. is headquartered in Korea South.
Lablup Inc. operates in AI, Computing, Information Technology, SaaS and Machine Learning. Its work centres on Open Source, PaaS, Server Management and Deep Learning.
Lablup Inc. has approximately 23 employees.
Lablup Inc. has completed 3 funding rounds, raising a total of $12.50B. The latest funding stage is Series A.
Top alternatives and competitors to Lablup Inc. include Genie AI, Miletos Inc., PragmaCraft, Neuraan, TUNiB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lablup Inc. and Genie AI are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lablup Inc., https://bouncewatch.com/company/lablup-inc, updated 3 March 2025. When citing, please name BounceWatch and link this page.

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