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modal_blog ยท Oct 14, 2026 ยท news

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Modal crosses $1B in Annualized Run Rate and raises $750M Series D

modal.comOct 14, 2026
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In brief

Modal has crossed $1B in annualized run rate and raised a $750M Series D led by Accel to build new infrastructure for AI applications. We can't think of a better time to be building software.

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