OmniOps, a Riyadh, Saudi Arabia-based AI infrastructure technology provider, secured SAR 30 million (US$8M) in funding.
Investors
The round came from GMS Capital Ventures, an investment management firm focused on sourcing, arranging, and executing investments across various asset classes, including private equity, venture capital, real estate, and other alternatives. Established in 2017 and incorporated in Delaware, the firm manages several investment vehicles on behalf of its parent company, GMS Holdings.
OmniOps Use of Funds
The company plans to utilize the funding to scale its operations, enhance R&D, and advance AI infrastructure offerings in Saudi Arabia.
About OmniOps
Founded in 2024 by Mohammed Altassan, OmniOps delivers cutting-edge cloud and high-performance computing (HPC) solutions for businesses of all sizes. Specializing in sustainable, energy-efficient HPC clusters, OmniOps designs scalable infrastructure tailored to clients' unique needs. The company is also developing a sovereign AI inference cluster with ML Ops features to streamline AI deployment. Trusted by top enterprises like Saudi Airlines, OmniOps collaborates with global technology leaders such as NVIDIA and Google Cloud to provide state-of-the-art solutions.
Funding Details
Company: OmniOps
Raised: $8.0M
Round: Undisclosed
Funding Month: December 2024
Investor: GMS Capital Ventures
Company Website: https://www.omniops.sa/
Software Category: Cloud Solutions
Source: https://www.wamda.com/2024/12/omniops-raises-8-million-expand-ai-infrastructure-offerings