Modal Labs

Modal updated its JavaScript and Go SDKs to the 0.10 generation.

Modal reported support for up to one million concurrent Sandboxes.

Modal added sidecar processes to sandbox environments.

Modal documented state-of-the-art speculative decoding performance in Auto Endpoints.

Modal introduced dedicated single-tenant endpoints for production model serving.

Modal introduced shared managed endpoints as part of its inference product line.

Modal introduced long-running high-performance server deployments.

Modal introduced automatically optimized and managed model endpoints.

Modal reported an annualized revenue run rate exceeding $300 million at the time of its Series C.

Modal raised $355 million in Series C financing at a $4.65 billion post-money valuation.

Anthropic's Claude Managed Agents integration adopted Modal Sandboxes for secure execution.

Modal added NVIDIA RTX PRO 6000 Blackwell GPU instances.

Modal opened a beta filesystem API for programmatic sandbox file operations.

Modal launched Directory Snapshots for capturing and restoring sandbox filesystem state.

Modal added integrated changelog visibility and workflow improvements to its CLI.

Modal added richer observability and management controls for running Sandboxes.

Modal became available through the AWS and Google Cloud marketplaces.

Modal released a beta Go SDK.

Modal released a beta JavaScript and TypeScript SDK.

Modal launched a beta of its second-generation persistent volume architecture.

Modal announced its Series B, reported at $87 million and a $1.1 billion post-money valuation.

Modal introduced interactive notebooks backed by elastic cloud compute.

Modal added snapshots to accelerate reproducible sandbox and agent environments.

Modal released the 1.0 generation of its Python client and SDK.

Modal raised asynchronous function-call input capacity to one million items.

Modal made isolated programmable Sandboxes generally available for agent-generated code.

Modal launched dedicated infrastructure for secure code-interpreting and agent workloads.

Modal added secure tunnels and execution improvements for sandbox workloads.

Modal added improved object-storage bucket mounting for data-intensive jobs.

Modal expanded secret management for applications and integrations.

Modal expanded queue-based communication between serverless functions.

Modal expanded its persistent key-value storage capabilities.

Modal improved persistent volume performance and reliability.

Modal expanded persistent storage and data-access capabilities for cloud workloads.

Modal improved support for distributed and GPU-intensive training workloads.

Modal expanded GPU availability and lowered prices across supported accelerators.

Scheduled and cron-triggered functions became generally available.

HTTP endpoints backed by autoscaling Modal functions became generally available.

Modal's programmatic container image system became generally available.

Versioned Modal application deployments became generally available.

Modal's Python-first SDK and developer workflow reached general availability.

Serverless Modal functions became generally available with elastic scaling.

Modal made serverless model deployment and inference generally available.

Modal made autoscaling CPU and GPU compute generally available as part of its cloud launch.

Modal announced a $16 million Series A, bringing total capital raised to $23 million.

Modal launched its serverless cloud platform into general availability.

Modal raised $7 million in seed financing to build its serverless cloud platform.

Erik Bernhardsson and Akshat Bubna founded Modal to build a developer-friendly serverless cloud for compute-intensive workloads.