Modal experienced significant growth, achieving $300 million in annualized revenue following a fivefold increase since September. The company raised $355 million in a funding round led by General Catalyst and Redpoint, joined by Menlo, Bain Capital Ventures, and Accel. Modal specializes in building AI-focused cloud infrastructure, enabling dynamic agent runtimes, reinforcement learning, elastic inference, and batch jobs at massive scale. Key clients like DoorDash and Cognition leverage Modal for model ownership, RL infrastructure, and enterprise-grade reliability. Over one billion sandboxes have been launched on the platform as demand for agent runtime environments surges. This milestone reinforces Modal's positioning as a core player in AI infrastructure innovation.