Daytona raises $60 million Series B at $1 billion valuation
Daytona, a San Francisco startup that builds cloud sandboxes for AI agents, announced a $60 million Series B round on Tuesday. The round was led by FirstMark and included investors such as Qualcomm Ventures, Samsung Next, Okta Ventures, and founders Patrick Collison (Stripe), Tobi Lütke (Shopify), Aravind Srinivas (Perplexity), Adam D’Angelo (Quora) and Eric Yuan (Zoom). The funding values…
Key points
- Daytona closed a $60 million Series B led by FirstMark, valuing the startup at $1 billion and total funding at $91 million.
- The platform can spin up an AI‑agent sandbox in 60 milliseconds, about half a blink, using pre‑distributed snapshots.
- Customers such as Anthropic, OpenAI, Nvidia and Meta use Daytona; revenue run‑rate grew 25‑fold with 50.9% monthly growth Jan‑Sep.
CEO Ivan Burazin said the company can provision a virtual machine for an AI agent in about 60 milliseconds, roughly half the time it takes to blink, by pre‑loading snapshots onto server drives. Daytona’s customers include Anthropic, OpenAI, Nvidia, Meta, Cohere and Snorkel, and the firm reports a 25‑fold increase in revenue run‑rate with average monthly growth of 50.9% from January to September. Burazin forecasts a future CPU shortage as agentic AI workloads shift demand from GPUs to CPUs, and plans to use most of the new capital to hire go‑to‑market sales staff and engineers.
Daytona, which is building cloud infrastructure for AI agents, raised a $60M Series B led by FirstMark at a $1B valuation, bringing its total funding to $91M
fortune.com · 20 October 2026
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