Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades of focusing on new startups
After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund
Cerebras' co-founders, CEO Andrew Feldman and CTO Sean Lie, own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and nearly 3% of the company
The tech billionaires club has two new members after Cerebras' blockbuster IPO lifted the chipmaker's market cap close to $100 billion.
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut on May 14 after it raised $5.5B in 2026's largest IPO, giving it a market value of $67B
Cerebras Systems Inc. shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO …
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B
Cerebras Systems Inc. shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO …
Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range.
Cerebras prices its IPO at $185 per share, above the expected range of $150 to $160 per share, raising $5.55B and valuing it at $56.4B on a fully diluted basis
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …
Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …
SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation
SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation
Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion …
Sources: Cerebras plans to raise its IPO price range from $115 to $125 per share to $150 to $160 per share, potentially raising ~$4.8B at the top of the range
Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand …