Web Yard, a brand new startup constructing billing software program for knowledge facilities and GPU suppliers, introduced a $4.5 million pre-seed spherical led by Foundation Set Ventures.
The 2-month-old firm describes itself as a “monetary infrastructure layer for the AI compute economic system,” aiming to automate all the order-to-cash course of and change the spreadsheets and handbook handoffs that sit between gross sales, operations and finance.
The corporate’s first product, referred to as gnomos, is a full-stack platform that helps knowledge middle operators and their clients observe and cost for GPU and infrastructure utilization.
The startup plans to generate income by taking a small share of the bill revenue it helps recuperate, plus charges on routed cost circulate and knowledge licensing. It has a longer-term objective of changing into an information aggregation layer for trade benchmarks and efficiency metrics.
Different backers embrace Crucible Capital, Maple VC, Operator Collective, Seattle-based Breakers, and angels together with Jay Adelson (Equinix founder), D-Wave founder Geordie Rose (founding father of D-Wave and Sanctuary AI) and Ian Crosby (founding father of Bench Accounting).
The 5-person firm is led by CEO Mai Trinh, a former technical undertaking supervisor at Sanctuary AI, and CTO Gabriel Ravacci, a current engineering grad who labored on next-generation AI accelerators at AMD. The startup bought off the bottom in Vancouver B.C. however is relocating to San Francisco.
