Daytona hits $1B valuation with $60M Series B for AI agent cloud

Daytona, a company developing cloud infrastructure for AI agents, has raised $60 million in a Series B funding round at a $1 billion valuation, bringing its total funding to $91 million. The round was led by FirstMark, with participation from Patrick Collison (Stripe), Adam D’Angelo (Quora), Brendan Foody (Mercor), Tobi Lütke (Shopify), Olivier Pomel (Datadog), Aravind Srinivas (Perplexity) and Eric Yuan (Zoom). Other investors included Alumni Ventures, Evergreen Fund, Okta Ventures, Qualcomm Ventures, Samsung Next and Torch Capital. Existing investors also increased their commitments, with Pace Capital doubling its investment, Upfront Ventures tripling and E2VC quadrupling theirs. Daytona develops cloud infrastructure that provides secure, isolated computing environments where AI agents can execute code, use software tools and perform tasks. Its platform enables AI developers and enterprises to train and evaluate models, as well as deploy and manage AI agents in production. As AI syst