Tech Company Financing Transactions

SiMa.ai Funding Round

On 5/12/2021, SiMa.ai announced $80 million in Series B investment from Fidelity Management & Research Company, Adage Capital Management and Alter Venture Partners.

Transaction Overview

Company Name
Announced On
5/12/2021
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to: productize its first generation machine learning SoC (MLSoC) platform, as well as jumpstart the second generation product architecture and development, to execute go-to-market strategy, drive customer success, and expand the team and operations globally.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1731 Technology Dr. 220
San Jose, CA 95110
USA
Phone
Undisclosed
Email Address
Overview
SiMa.ai is a machine learning company enabling high performance compute at the lowest power. Initially focused on solutions for computer vision applications at the embedded edge, the company is led by a team of technology experts committed to delivering the industry's highest frames per second per watt solution to its customers.
Profile
SiMa.ai LinkedIn Company Profile
Social Media
SiMa.ai Company Twitter Account
Company News
SiMa.ai News
Facebook
SiMa.ai on Facebook
YouTube
SiMa.ai on YouTube

Management Team

Title
Name
Email & Social
Chairman
Steve Rosston
  Steve Rosston LinkedIn Profile  Steve Rosston Twitter Account  Steve Rosston News  Steve Rosston on Facebook
Chief Executive Officer
Krishna Rangasayee
  Krishna Rangasayee LinkedIn Profile  Krishna Rangasayee Twitter Account  Krishna Rangasayee News  Krishna Rangasayee on Facebook


 

 

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Prev: 5/12/2021: Adaptive Phage Therapeutics venture capital transaction
Next: 5/12/2021: Apptopia venture capital transaction

 

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