C3 Closes Pre-Seed Round at $10M Valuation

Cambridge Compute Co. (C3) announced today the successful completion of its pre-seed funding round at a $10 million valuation, with participation from strategic angel investors to accelerate the democratization of GPU compute infrastructure.

The funding will be used to expand C3's GPU infrastructure, develop the open compute marketplace, and support researchers and developers worldwide with affordable access to high-performance computing resources.

"This investment validates our mission to break the monopoly in cloud computing and provide researchers with the tools they need at prices they can afford," said the C3 team. "The support from our angel investors, who bring deep expertise in AI infrastructure and cloud computing, will be invaluable as we scale."

The company has seen tremendous growth, with thousands of researchers and developers already using the platform to access GPU resources at 50% lower costs than traditional cloud providers.