Paperspace logo — Powering next-generation workflows and the future of intelli...

Paperspace

Powering next-generation workflows and the future of intelligent applications.

Founded 2014 United States New York, United States 25 employees Acquired Total: $144.50M AI, Computing +3

General Information

Company Name Paperspace
Founded Year 2014
Location United States New York, United States +1
Employees 25
Industries AI, Computing, Enterprise Software +2
Funding Stage Acquired
Social

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About Paperspace

Paperspace, now integrated into DigitalOcean, has established a robust presence in the high-performance cloud computing and ML development sector since its founding in 2014. The company supports the creation, training, and deployment of machine learning models, leveraging a platform that accommodates a wide range of users, from individual developers to large enterprises.

Operating at the intersection of AI, Computing, Enterprise Software, Hardware, and Machine Learning, Paperspace aids its diverse client base in accelerating iteration cycles and enhancing collaboration on intelligent, real-time prediction engines. The company's mission focuses on democratizing cloud computing via simplicity, community involvement, and transparent pricing.

An acquisition by DigitalOcean with an investment of $111.00M in July 2023 highlights the strategic importance of Paperspace in expanding digital infrastructures. Headquartered in the United States, its integration with DigitalOcean signals potential for notable growth and innovation in the cloud and AI domains.

Taxonomy: Machine Learning Development, High-Performance Computing, Model Training and Deployment, Intelligent Applications, Real-Time Prediction Engines, GPU Computing, VDI (Virtual Desktop Infrastructure), ML (Machine Learning) Platform, Collaborative Tools, Startup Solutions, Enterprise Solutions, Community-Driven Resources

Services & Products

Develop and fine-tune AI models
Deploy AI/ML applications
GPU infrastructure on demand
Cloud-hosted desktops
3D graphics rendering

Target Customers

AI/ML Developers Businesses needing cloud computing solutions Gaming Enthusiasts Enterprise IT Departments Medical Imaging Professionals

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Jul 2023
Early VC •••••• - 01 May 2021
Series A •••••• 5
Investor Investor Investor Investor Investor
01 Oct 2018
Seed •••••• - 01 Oct 2016
Convertible Note •••••• - 01 Apr 2016

View All 6 Funding Rounds

Paperspace Alternatives & Competitors

View All Alternatives
Paperspace vs
BonusCloud
BonusCloud Singapore

BonusCloud endeavours to develop a global computing power trading platform, so as to connect such gl...

Corporate Round
7 employees
Blockchain
Paperspace vs
UberCloud
UberCloud United States

Cloud Simulation Platform for Engineers

Series Unknown
68 employees
Industrial, Information Technology
Paperspace vs
Atrio Inc.
Atrio Inc. United States

Computational cloud services for enterprises, offering a computing market – without being a cloud se...

11-50 employees
Computing, Enterprise Software

FAQ About Paperspace

Powering next-generation workflows and the future of intelligent applications.
Paperspace was founded in 2014.
Paperspace is headquartered in New York, United States.
Paperspace operates in the following industries: AI, Computing, Enterprise Software, Hardware, Machine Learning.
Paperspace has approximately 25 employees.
Paperspace has completed 6 funding rounds, raising a total of $144.50M. The latest funding stage is Acquired.
Paperspace offers: Develop and fine-tune AI models, Deploy AI/ML applications, GPU infrastructure on demand, Cloud-hosted desktops, 3D graphics rendering.
Top alternatives and competitors to Paperspace include BonusCloud, UberCloud, Atrio Inc., Good Chemistry Company (acquired by SandboxAQ), CUDOS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paperspace and BonusCloud 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.

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