Furientis lands $25M from Benchmark to mass-produce low-cost missile interceptors
The storied Silicon Valley firm makes its first pure defense investment.
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Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users
Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs.
Benchmark raises its first-ever growth fund as part of $2B capital raise
The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.
Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting
Benchmark almost never backs hardware startups. So Eric Vishria dragged his feet ten years ago before agreeing to hear Cerebras' pitch.