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Modularacquired

Palo Alto, US · ≈150 employees · Software Publishers · modular.com

Modular, a Qualcomm company, specializes in AI software infrastructure. Founded in 2017, Modular focuses on creating a unified compute layer for AI development and deployment. Its platform enhances the efficiency and portability of AI across various environments, including data centers and edge settings. The Modular Platform is the company's core offering, providing a single framework for AI inference that supports text, audio, and image processing. It can be deployed through shared or dedicated endpoints, either in the customer's cloud or Modular's cloud. The platform is designed to work seamlessly with different hardware backends, including GPUs, CPUs, and ASICs. Modular is also known for its programming language, Mojo, and its software stack component, MAX, which aids in AI deployment and optimization. Additionally, Modular Cloud serves as an AI inference service compatible with multiple chip suppliers and hardware environments.

Also: machinelearning · ai · software · tensorflow · pytorch · hardware · software development · heterogeneous compute · model pruning · ai research · cost reduction · ai compliance

Funding

1
Every round, secondary, debt facility or acquisition involving Modular that AI Lounge tracks, newest first. Latest: Acquisition on Jun 24, 2026.
Modular logo
Modulardetails →AcquisitionJun 24
Qualcomm Ventures (acquirer) · AI infrastructure software
$3.92B
157× price/ARR

Timeline · 2

Jun 24, 2026
Round
Acquisition · $3.92B · Qualcomm Ventures

In the news

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