Release
Release provides high-performance, secure, and scalable infrastructure for AI model deployment and automated development environments.
Founding Story
Founded by former TrueCar executives who experienced the pain of managing complex staging environments, the team initially built an Environments-as-a-Service platform before expanding into high-performance AI model hosting.
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Leadership
Founders
Tommy McClung
Co-founder and CEO. Previously CTO at TrueCar (Nasdaq: TRUE). Co-founder and CEO of Car-Mercial (acquired by TrueCar). Co-founder of BuildOnline (acquired by Sword Group). Y Combinator alumnus (S09, W20).
Erik Landerholm
Co-founder and CTO. Previously VP of Engineering at TrueCar. Worked as an engineer and leader at Car-Mercial. Deep expertise in DevOps and infrastructure automation.
David Giffin
Co-founder. Previously VP of Engineering and Software Architect at TrueCar. Extensive experience in building scalable cloud architectures.
Executive Team
Tommy McClung
Co-founder & CEO
Former CTO of TrueCar and serial entrepreneur.
Erik Landerholm
Co-founder & CTO
Infrastructure and DevOps expert, former VP Eng at TrueCar.
Business Model
Revenue Model
Usage-based (pay-as-you-go) pricing for GPU hours and infrastructure usage.
Pricing Tiers
Includes 5 free GPU hours for experimentation.
Scalable infrastructure with SOC 2 compliance and expert ML support.
Target Markets
- AI Startups
- Enterprise DevOps Teams
- SaaS Engineering Organizations
- Real-time AI chatbots and assistants
- Automated code generation
- Computer vision image and video analysis
- High-performance RAG and search applications
- Ephemeral development and staging environments
- AngelList
- Bloomscape
- Noom
- Gympass
History & Milestones
Achieved SOC 2 Type II compliance and expanded model catalog to include Llama 3.3 and DeepSeek series.
Launched Release AI (release.ai), a managed AI model inference platform.
Joined NVIDIA Inception program to accelerate AI infrastructure development.
Raised $20 million Series A funding led by CRV.
Participated in Y Combinator Winter 2020 batch.
