Tech Company Financing Transactions
Quadric.io Funding Round
Quadric.io, based in Burlingame, secured $21 million in funding from DENSO International America, Cota Capital and Leawood Venture Capital.
Transaction Overview
Company Name
Announced On
3/16/2022
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Investors
DENSO International America (Lead Investor) (Tony Cannestra)
Proceeds Purpose
The Series B investment will help Quadric release the next version of its novel computer architecture, improve its software development kit performance, and roll out IP products for integration in SoCs. Quadric will also expand its team and hire in these key product areas.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
330 Primrose Rd. 306
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Overview
Quadric believes the road to an autonomous future must be completely re-architected. As the need for speed becomes more important than ever for millisecond decision-making in machines, data doesn't have time to go round-trip to the cloud. Advanced edge computing is the answer, but requires a start-from-scratch approach.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Veerbhan Kheterpal
Chief Technical Officer
Nigel Drego
VP - Product Management
Daniel Firu
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