Tech Company Financing Transactions
Speedata Funding Round
Speedata, based in Haifa, secured $44 million from 83North, Koch Disruptive Technologies and Mellanox Technologies.
Transaction Overview
Company Name
Announced On
6/3/2025
Transaction Type
Venture Equity
Amount
$44,000,000
Round
Series B
Investors
Mellanox Technologies (Eyal Waldman)
Walden Catalyst (Lip-Bu Tan)
Proceeds Purpose
This fund used to Launch First-Ever Chip Designed Specifically for Accelerating Big Data Analytics - Compute's Second Largest Workload.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Park Matam, Building No. 3, 7th Floor P.O.B. 15006
Haifa, Undisclosed
IL
Haifa, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Speedata is transforming the data center landscape with the world's first purpose-built Analytics Processing Unit (APU), specifically designed for accelerating database analytics and AI workloads. Our pioneering APU offers unparalleled scalability and efficiency, seamlessly integrating hardware and software into a powerful, unified platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Friedmann
Chief Technical Officer
Yoav Etsion
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