Expedera Inc. raises $20M in a Series B funding round led by indie Semiconductor to advance Neural Processing Unit (NPU) IP products and services
Expedera Inc. raises $20M in a Series B funding round led by indie Semiconductor to advance Neural Processing Unit (NPU) IP products and services
05/21/24, 12:46 PM
Location
Money raised
$20 million
Industry
science and engineering
media and entertainment
content and publishing
Round Type
series b
Investors
Indie Semiconductor
Expedera Inc. announced it raised $20 million in Series B funding led by indie Semiconductor, with participation from prominent repeat and new industry investors. This investment will enable Expedera to advance its high-performance, energy-efficient Neural Processing Unit (NPU) IP products and services and expand its global engineering footprint.
Company Info
Location
santa clara, california, united states
Additional Info
Expedera provides scalable neural engine semiconductor IP that enables major improvements in performance, power, and latency while reducing cost and complexity in AI-inference applications. Third-party silicon-validated, Expedera’s solutions produce superior performance and are scalable to a wide range of applications from edge nodes and smartphones to automotive and data centers. Expedera’s OriginTM deep learning accelerator products are easily integrated, readily scalable, and can be customized to application requirements. The company is headquartered in Santa Clara, California.