Lambda is a provider of deep learning GPU cloud services and computing hardware to accelerate human progress.

Lambda's workstations, servers, laptops, and cloud services power engineers and researchers at the forefront of human knowledge.

Lambda was founded in 2012 by Stephen Balaban and Michael Balaban. The company is headquartered in San Francisco, California.


Lambda has pivoted to selling hardware systems designed for AI, machine learning, and deep learning applications. Among these are the TensorBook, a laptop with a dedicated GPU, and a workstation product with up to four desktop-class GPUs for AI training.


Lambda also offers servers, including one designed to be shared between teams and a server cluster, called Echelon.


Lambda's customers include Apple, MIT, Los Alamos National Lab, Microsoft, Tencent, Kaiser Permanente, Stanford, Harvard, Caltech, and the Department of Defense.


Lambda is backed by Silicon Valley Bank, 1517, Gradient Ventures, Bloomberg Beta, Razer, and others. The company raised $24M in financing (consists of a $15M Series A equity round and a $9.5M debt facility) on Jul 21, 2021.



  • Year founded: 2012
  • Funding Info: $24.5M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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