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In early 2022, the first “real” @modal user was using us for processing large scale weather data. We were anxious about going up to them and…

In early 2022, the first “real” @modal user was using us for processing large scale weather data. We were anxious about going up to them and asking them to pay ~500 for continuing to run these jobs. (

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In early 2022, the first “real” @modal user was using us for processing large scale weather data. We were anxious about going up to them and asking them to pay ~500 for continuing to run these jobs. (We thought it was a lot!) Obviously the numbers are much bigger now. But we’ve also built so much more since then, and our velocity and ambition are growing even faster. This year, we figured out how to scale to millions of concurrent sandboxes, launch RDMA clusters securely and elastically for distributed training, train state of the art speculators for inference, build a whole new sandbox runtime, and more. So many great rabbit holes, and we’re going deeper down all of them. If this sounds interesting to you, we’re hiring! http://modal.jobs Today we're announcing that Modal has crossed 1B in annualized run rate, as well as raised a 750M Series D at a 15.75B valuation, led by @Accel. Since our Series C, usage has tripled and we’ve grown more than 15x year-over-year. We are deeply grateful to the developers and com…

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Source: Swyx (X) | 2026-10-14

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