Daytona raises $60 million to build ultra-fast cloud for AI agents

Daytona, a San Francisco-based AI-infrastructure startup, secured $60 million in Series B financing, pushing its valuation to $1 billion. The round was led by FirstMark and featured an array of Silicon Valley founders—including Patrick Collison of Stripe and Tobi Lütke of Shopify—as well as strategic investors Qualcomm Ventures, Samsung Next and Okta Ventures. Daytona’s service provides ultra-fast “sandboxes,” virtual machines that can be spun up for AI agents in about 60 milliseconds, far quicker than traditional cloud providers.

Customers such as OpenAI, Anthropic, Nvidia, Meta and Snorkel already use the platform, and the company reports a 25-fold increase in revenue run-rate this year. CEO Ivan Burazin argues that existing hyperscalers cannot easily adapt to the agent-centric workload, foreseeing a looming CPU shortage as demand rises. The new capital will mainly fund go-to-market sales teams and additional engineering resources.