Tech Company Financing Transactions

XNOR.ai Funding Round

Madrona Venture Group, Autotech Ventures and Catapult Ventures invested in a $12 million Series A capital raise for XNOR.ai. This venture round was announced on 5/9/2018.

Transaction Overview

Company Name
Announced On
5/9/2018
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The funding will be used to unlock the next wave of AI adoption, shifting AI from the cloud to run locally on intelligent devices.

Company Information

Company Status
Acquired or Merged
Industry
Artificial Intelligence
Mailing Address
936 N 34th St. 400
Seattle, WA 98103
USA
Email Address
Overview
Our technology lets you run deep learning models efficiently, directly on your phone, IoT device, or an embedded CPU, without relying on datacenters or network connectivity. At XNOR.ai we build technology to power the next generation of pervasive, personal AI and deep learning.
Profile
XNOR.ai LinkedIn Company Profile
Social Media
XNOR.ai Company Twitter Account
Company News
XNOR.ai News
Facebook
XNOR.ai on Facebook
YouTube
XNOR.ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ali Farhadi
  Ali Farhadi LinkedIn Profile  Ali Farhadi Twitter Account  Ali Farhadi News  Ali Farhadi on Facebook
Founder
Mohammad Rastegari
  Mohammad Rastegari LinkedIn Profile  Mohammad Rastegari Twitter Account  Mohammad Rastegari News  Mohammad Rastegari on Facebook


 

 

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