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JD Audena

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life’s better when it’s bold, curious, and a little chaotic | building & becoming always | in service of the future | fellow omnipotentialite and friend to @KyleHudson

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Pillsbury advises Modal Labs on $750 million financing

Pillsbury advised Modal Labs on its $750 million Series D financing at a $15.75 billion post-money valuation, led by Accel with participation from Kleiner Perkins and other major investors. Modal is a New York-based cloud function platform enabling developers to run compute-intensive workloads including machine learning inference and batch jobs.

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Summary

Pillsbury advised Modal Labs on its $750 million Series D financing at a $15.75 billion post-money valuation, led by Accel with participation from Kleiner Perkins and other major investors. Modal is a New York-based cloud function platform enabling developers to run compute-intensive workloads including machine learning inference and batch jobs.

Tags

venture-capital · ai-infrastructure · series-d-financing · modal-labs · pillsbury

Key entities

Pillsbury (organization, 0.99) · Modal Labs (organization, 0.99) · Accel (organization, 0.98) · Kleiner Perkins (organization, 0.98) · Ron Fleming (person, 0.95) · Taylor O'Toole (person, 0.95) · Alec Saccogna (person, 0.95) · New York City (location, 0.99) · Menlo Ventures (organization, 0.97) · General Catalyst (organization, 0.97) · Bain Capital Ventures (organization, 0.97) · machine-learning-inference (concept, 0.92)

Classification

reference · language en · status final

Provenance

claude-haiku-4-5 via @stacklist/be@0.1.0, confidence 0.85, 19 Oct 2026