Namespace secures $42 million Series B for developer compute infrastructure

First reported by RuntimeWire at · Updated · 2 sources

Scale Venture Partners led the funding round, which follows Namespace’s earlier financing by roughly seven months. According to SiliconANGLE, the Zurich-founded startup plans to use the investment to provide compute infrastructure that speeds up software engineering. NEA, 20VC, Essence, Burst Capital and Susa Ventures also participated, the publication reports.

  • RuntimeWire reports Namespace previously announced $23 million in combined seed and Series A funding.

Covered by 2 publishers within 3 hours of the first report.

Reporting2

RuntimeWire Namespace raises $42M to build infrastructure for AI coding agents · Ryan Merket
SiliconANGLE Namespace raises $42M to build out developer-focused compute cloud · Kyt Dotson