November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
Cerebras Systems was founded in 2016 by Andrew Feldman, Gary Lauterbach, Jean-Philippe Fricker, Michael James, and Sean Lie. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Cerebras develops AI and deep learning applications. The company's flagship product, the powerful CS-2 system, is used by enterprises across a variety of industries. In 2021, the company announced that a $250 million round of Series F funding had raised its total venture capital funding to $720 million. Investors include Alpha Wave Ventures, Abu Dhabi Growth Fund, Altimeter Capital, Benchmark Capital, Coatue Management, Eclipse Ventures, Moore Strategic Ventures, and VY Capital. Cerebras reports a valuation of $4 billion.
Cerebras does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/10/2021 | Series F | $250MM raised | $XXX.XX | $XXX.XX |
| 11/25/2019 | Series E | $273.35MM raised | $XXX.XX | $XXX.XX |
| 11/14/2018 | Series D | $79.82MM raised | $XXX.XX | $XXX.XX |
| 8/31/2017 | Series C | $65MM raised | $XXX.XX | $XXX.XX |
| 12/19/2016 | Series B | $25MM raised | $XXX.XX | $XXX.XX |
| 5/5/2016 | Series A | $26.97MM raised | $XXX.XX | $XXX.XX |
