Hydra Host raises $100 million in funding, with a post investment valuation of nearly $800 million

According to The Information, Hydra Host has raised $100 million in funding, with a post investment valuation of nearly $800 million, led by Kindred Ventures and with participation from Nvidia, ARK Invest, Magnetar Capital, Founders Fund, and Flume Ventures. Hydra Host provides automation software for data center operators, renting out idle Nvidia AI server computing power and operating GPU matching trading markets. Currently, the technology is deployed in 50 data centers worldwide.