Technology

Runpod Raises $100M Led by Summit Partners to Accelerate the AI Developer Cloud

Published

2 months ago

June 24, 2026

NEWARK, N.J., June 24, 2026 /PRNewswire/ — Runpod, the AI Developer Cloud, today announced a $100 million growth investment led by Summit Partners. The round comes on the heels of strong momentum for Runpod, which is now valued at $1.0 billion. The company has more than one million developers building on the platform. The new capital will fund continued investment in the full lifecycle AI development platform those developers depend on to take AI from first experiment to production.

Runpod is the AI developer cloud, offering AI developers a single destination to build. While much of the market has converged on hosted inference, developers use Runpod to experiment, train, fine-tune, run inference, and scale multi-node runs, all from one platform, with a library of models and templates ready from day one. With self-serve access, transparent per-second pricing and no commitment minimums, most developers are running their first workload within an hour of sign-up.

“The market spent the last two years narrowing to inference, but builders need more than that,” said Zhen Lu, CEO of Runpod. “They need one place to take an idea from first experiment to production traffic, without stitching together multiple tools or waiting on a procurement cycle. That is precisely the cloud we are building. This funding lets us build it faster, to serve the next million developers and more.”

The company’s growth underscores both the depth of developer demand and Runpod’s ability to meet the needs of that community. Runpod’s Serverless platform has processed more than 20 billion inference requests to date. Developers stay because the platform earns it. The median time from sign-up to a first running workload is under an hour, more than 90 percent of deployments succeed on the first try, and 85 percent of developers who deploy come back to build more.

Runpod’s customers range from independent AI researchers to teams building and serving frontier models. Deep Cogito built its Cogito v1 family of open models entirely on Runpod. “We trained Cogito v1, a family of models that outperforms size equivalent models from LLaMA and DeepSeek, in 75 days with a small team, entirely on Runpod,” said Drishan Arora, Co-Founder and CEO at Deep Cogito. “The ability to iterate fast on world-class GPU infrastructure without building our own cluster is a genuine competitive advantage.”

The platform continues to gain traction across the open-source community. “It’s easy to see why Runpod has resonated so strongly with the broader machine learning community,” said Julien Chaumond, Cofounder and CTO at Hugging Face. “Accessible, flexible compute is core to how we think about democratizing AI, and Runpod is one of the few companies that understands that.”

With this funding, Runpod will invest in the platform and developer experience, expand the team across engineering and developer relations, and broaden global access for developers wherever they build.

“Developers building with AI today need infrastructure that can keep pace with how fast the technology is moving and the flexibility to go from early experiment to production without switching platforms,” said Michael Medici, a Managing Director at Summit Partners who will join the Runpod Board of Directors. “Runpod has built a platform designed to meet these needs, and in our view, the company’s growth trajectory reflects the team’s strong execution against that vision. We believe Runpod is positioned to become a defining infrastructure platform for the next generation of AI developers, and we look forward to supporting Zhen and the team as they continue to scale.”

J.P. Morgan Securities LLC acted as Sole Placement Agent to Runpod in connection with the financing. Cooley LLP acted as external legal counsel to Runpod, and Kirkland & Ellis LLP acted as external legal counsel to Summit Partners.

To learn more, visit runpod.io.

About Runpod
Runpod is the AI Developer Cloud. More than one million developers use Runpod to build, train, fine-tune, deploy, and scale AI on one platform, with self-serve access, transparent per-second pricing, and no commit minimums. Learn more at runpod.io.

About Summit Partners
Summit Partners is a leading growth-focused investment firm. Summit invests across growth sectors of the economy and, since the firm’s founding in 1984, has invested in more than 550 companies in technology, healthcare and other growth industries. Summit maintains offices in North America and Europe and seeks to invest in category-leading, profitable growth companies worldwide. For more information, please visit www.summitpartners.com or follow Summit Partners on LinkedIn.

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Technology

Moonlock by MacPaw Wins Red Dot Award 2026

Published

3 minutes ago

September 7, 2026

Moonlock earns recognition in the Interface & User Experience Design category, proving that thoughtful design belongs in cybersecurity as much as anywhere else.

BOSTON, Sept. 7, 2026 /PRNewswire/ — MacPaw is proud to announce that Moonlock, its antivirus and protection app for Mac users, has been named a winner of the 2026 Red Dot Award: Brands & Communication Design, recognized in the Interface & User Experience Design category. The award is an international mark of design excellence, judged on the strength of an idea, its execution, and its real-world impact.

Since launching in October 2025, Moonlock has taken a different approach to cybersecurity, reflected in every detail of the app. Its intuitive interface, plain-spoken copy, and hand-drawn illustrations replace the cold, technical tone common to security software. The result is a security app making protection feel easy and stress-free for everyone, expert or not.

Clear, human, beautiful products are a core MacPaw value, and the company pays attention to every detail, from aesthetics to user experience. Moonlock is no exception: it was built to make cybersecurity accessible to everyone, whatever their background — and design is central to that mission.

“Cybersecurity has a reputation for being intimidating — all alerts and jargon, with the sense that you need to be an expert just to stay safe. We built Moonlock to change that,” said Oleg Stukalenko, Head of Product Management at Moonlock by MacPaw. “From the start, we wanted it to feel human and welcoming, so that online protection becomes a natural part of everyday life rather than something people worry about. We think of design as everything someone actually experiences with us, not just the screen in front of them. Having the Red Dot jury recognize that work means a lot to the whole team.”

The Red Dot Award: Brands & Communication Design celebrates the craft behind how a product looks, feels, and speaks to the people who use it. Held since 1993, the competition is open to established and emerging designers, agencies, and companies across 18 categories. Each year, an international jury of 30 experts from design, science, media, and consultancy evaluates the entries, bringing a wide range of professional and cultural perspectives to every decision.

With this win, Moonlock continues MacPaw’s legacy of design excellence. It is the company’s fourth Red Dot Award: in 2017, Gemini 2 became the first macOS application to win the honor, followed by CleanMyMac in 2021 and CleanMy®Phone in 2024.

About Moonlock

Moonlock is a part of the MacPaw ecosystem that offers simple, approachable, and stress-free Mac protection and antivirus capabilities.

About MacPaw

MacPaw is a global technology company founded in Kyiv, Ukraine, with offices in Boston, MA and the EU, creating a digital ecosystem for Mac users. Combining capabilities such as system care, cybersecurity, app discovery, and more, the ecosystem aims to unite MacPaw’s suite of software, third-party tools, and AI solutions to collaborate on behalf of the user. Through Eney, an AI-powered assistant and the interface of the ecosystem, MacPaw aims to help users and developers within their workflows, driving the next generation of human-computer interaction.

Contacts

pr_team@macpaw.com

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SOURCE MacPaw

Technology

DBGallery Delivers “AI Knowledge Layer for Visual Assets,” Bringing Automated Enterprise DAM to Organizations of All Sizes

Published

3 minutes ago

September 7, 2026

Automated AI metadata converts photos and videos into structured organizational knowledge, transforming digital chaos into a strategic advantage without the manual effort.

TORONTO, Sept. 7, 2026 /PRNewswire-PRWeb/ — DBGallery today announced the expansion of its visual intelligence capabilities, formally positioning its platform as an AI Knowledge Layer for Visual Assets for organizations and teams of all sizes. By replacing manual keywording with automated AI metadata analysis, DBGallery converts raw photos, graphics, and video into rich, structured organizational knowledge the moment they are uploaded.

For years, visual assets lost value because nobody had the bandwidth to tag them. With an automated metadata layer, that changes completely. Visual media becomes instantly discoverable, creating compounding, multi-year value, and puts DAM within reach of more organizations.

Historically, Digital Asset Management (DAM) was reserved for large media organizations with dedicated archiving staff. Resource-constrained teams across tourism boards, municipalities, higher education, non-profits, and marketing teams across numerous industries were locked out by the sheer labor required to manually tag thousands of files—turning vast digital asset libraries into unsearchable “file graveyards.”

DBGallery’s AI Knowledge Layer changes that economic equation by shifting DAM from a labor-intensive requirement into an automated, accessible workflow hub.

“For years, visual assets lost value over time because nobody had the bandwidth to tag them properly,” said Glenn Rogers, Director of Product and Project Management at DBGallery. “When you introduce an automated metadata knowledge layer, that changes completely. Visual media becomes instantly discoverable through structured context, custom prompt targeting, embedded OCR text, and interactive video transcripts. The metadata doesn’t just solve today’s search, it creates compounding, multi-year value for the entire organization, and brings DAM within reach to more organizations.”

Key Capabilities of the DBGallery AI Knowledge Layer include:

Automated Auto-Enrichment: Extracts OCR text from images and PDFs, identifies objects and faces, and summarizes photo and video content upon upload or subsequent batch analysis.Custom AI Description Prompts: Admins and users can tailor global or image-specific prompts to extract structured domain data—ranging from architectural style identification and brand compliance to social media captions and emotional tone analysis—and can be outputted as HTML or JSON for direct ingestion into websites or ERP systems.Interactive Video Transcription & Timelines: Generates time-stamped, sentence-by-sentence spoken transcripts aligned with video playback, allowing teams to click any transcript line to jump instantly to that exact moment in the video.Non-Spoken Scene Analysis: Automatically inserts AI visual scene descriptions into pauses in speech or non-verbal video clips, ensuring complete visual context alongside spoken transcripts.

This AI framework is integrated directly into DBGallery’s production-proven platform, capable of scaling to millions of assets and thousands of users. Designed specifically for multi-user team collaboration, the platform combines Single Sign-On (SSO) and granular action-level permissions with full audit trails, custom metadata fields, usage analytics, and cloud or on-premises deployment options.

By combining cutting-edge AI automation with a secure, highly scalable foundation, DBGallery allows organizations of any size to deploy enterprise-grade digital asset management without adding administrative headcount or compromising on data governance.

To explore the AI Metadata Value Chain or learn more about DBGallery’s enterprise AI capabilities, visit https://dbgallery.com/ai.

About DBGallery

DBGallery is a leading Digital Asset Management (DAM) platform trusted by over 100+ brands across more than 25 countries, ranging from non-profits and educational institutions to global enterprise organizations. By combining scalable SaaS or on-premises architecture with powerful AI metadata automation, DBGallery empowers teams of any size to organize, discover, and turn visual media into structured, searchable business data. Learn more at https://dbgallery.com and https://dbgallery.com/ai.

Media Contact

Glenn Rogers, DBGallery, 1 8888080381, grogers@dbgallery.com, https://dbgallery.com

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SOURCE DBGallery

Technology

Coda Launches Fresh Coda.co Website, Built for Publisher Growth

Published

3 minutes ago

September 7, 2026

SINGAPORE, Sept. 7, 2026 /PRNewswire/ — Coda today launched a revamped Coda .co website, creating a more comprehensive destination to explore Coda’s products, pricing, insights, and global capabilities.

The new Coda.co has been rebuilt to meet the needs of Coda’s B2B audiences, with gaming remaining at the heart of Coda’s business and expertise. The site also reflects how Coda is bringing that experience to a growing range of digital commerce businesses across entertainment, education and other verticals.

Designed to make it easier to evaluate opportunities with Coda, the site brings together practical information on market dynamics and local payment preferences alongside richer product pages, case studies and pricing.

The new Market Guides provide a country-level view of consumer behavior, payment preferences, and growth opportunities across 49 markets, while the Payment Guides go deeper on 94 individual payment methods worldwide, covering reach, adoption, and integration considerations.

Coda has also introduced a dedicated Pricing page that offers greater transparency into standard and custom pricing options, payment method coverage, and other commercial considerations. This sits alongside an expanded repository of case studies, white papers, and blog posts, providing deeper insight into why businesses choose Coda and how they use its Merchant of Record service and broader product suite to grow revenue, enter new markets, and build stronger direct-to-consumer channels with ease.

Shane Happach, CEO of Coda, said, “Publishers and brands are making decisions across more markets, payment methods and channels than ever. Our job is to bring clarity to that complexity. The new Coda.co provides a sharper view of the commercial opportunities we see and how Coda’s products and services help our partners turn that potential into meaningful growth. Gaming remains central to Coda, and the expertise we’ve built in the industry continues to shape how we help partners grow across digital commerce.”

The new Coda.co launch marks another milestone in Coda’s evolution as a global digital commerce leader, with a site designed to grow alongside its products, partnerships, and ambitions. The website will be available in Japanese, Chinese, and South Korean languages by the end of the year.

Learn more at the new www.coda.co

About Coda

Coda is a global leader in monetization, distribution, and commerce, trusted by the biggest names in gaming, entertainment, and technology, including Activision, Electronic Arts, Riot Games, Ubisoft, and Moonton. Founded in 2011 and headquartered in Singapore, Coda operates with 670+ employees worldwide, with core hubs in Asia and Europe. Coda combines payments, commerce, distribution, and rewards to drive global revenue growth for brands and publishers.

Coda’s products include Codapay, which provides access to 400+ payment methods across 80+ markets through a single API integration; Coda Webstore, which powers fully customized direct-to-consumer storefronts; Coda Consumer Platforms, including Codashop, Recharge.com, and Startselect.com; Coda Distribution, which extends reach through a network of commerce partners; and Giftcloud, a UK-based rewards business serving enterprise customers across Europe.

Coda is backed by Apis Partners, Insight Partners, Smash Capital, and GIC, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader on Fortune’s Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.

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SOURCE Coda