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Daytona Raises $60 Million at a $1 Billion Valuation to Build Cloud Computers for AI Agents

Daytona, which runs short-lived cloud computers where AI agents write and run code, says it raised a $60 million Series B at a $1 billion valuation, led by FirstMark Growth, bringing its total funding to $91 million. Angel investors include the chief executives or founders of Stripe, Shopify, Perplexity and Zoom. Daytona announced the round on October 20; TechCrunch reported it on October 23.

Times of AI Desk 2 min read San Francisco, CA View as Markdown
Glass sandbox cubes floating in a cloudscape, each with a small robot at work, linked by narrow walkways while a few cubes dissolve into particles.

Investors are now pricing the computers AI agents work on, not only the models that drive them, and a $1 billion valuation for a three-year-old sandbox company shows how fast that market is being valued. Daytona says it has raised a $60 million Series B at a $1 billion valuation, led by FirstMark Growth, bringing its total funding to $91 million.

Who invested

Daytona says the round includes Patrick Collison (Stripe), Tobi Lütke (Shopify), Aravind Srinivas (Perplexity), Eric Yuan (Zoom), Olivier Pomel (Datadog), Adam D'Angelo (Quora) and Brendan Foody (Mercor). Qualcomm Ventures, Samsung Next and Okta Ventures joined as strategic investors, the company says. Chief executive Ivan Burazin told Fortune that about $50 million of the round came from existing investors. FirstMark also led Daytona's $24 million Series A in February, TechCrunch reported.

What Daytona sells

Daytona provides sandboxes, isolated cloud computers that an AI agent can use to run code, browse and use software, then discard when the job is done. Burazin writes that an agent's computer has to "start in milliseconds, pause with its state intact, fork into parallel copies, and disappear when the job is done." The company says it offers Linux, Windows, macOS and GPU sandboxes on one platform.

Daytona says its revenue has grown about 25 times since January, without giving a dollar figure. Fortune reported that the company counts Anthropic, OpenAI, Nvidia, Cursor, Cognition, Meta and Cohere among its customers. Daytona is also one of the sandbox providers developers can bring to OpenAI's Agents API, which we covered in September.

Limits

  • Daytona's blog post and Fortune's report are dated October 20, while TechCrunch, publishing on October 23, says the company announced the round on Friday; we use Daytona's date.
  • Fortune describes Daytona as San Francisco-based and TechCrunch as New York-based; Daytona's post says it is hiring on site in San Francisco.
  • The valuation, revenue growth and customer list are the company's own figures.
  • We read Daytona's post and the Fortune and TechCrunch reports in full.

Sources

Prior Coverage

Earlier Times of AI reporting on this thread.

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