NeuroBlade, the next generation of data acceleration solutions, announced today that it has secured $83 million in Series B funding, bringing total invested capital to $110 million. The investment was led by Corner Ventures with contribution from Intel Capital, and supported by current investors StageOne Ventures, Grove Ventures and Marius Nacht. Additionally, technology companies including MediaTek, Pegatron, PSMC, UMC and Marubeni also provided funding during this round. The financing will be put to work as the company expands its engineering teams in Tel Aviv and builds out its sales and marketing teams globally.

NeuroBlade has developed a new data analytics architecture that eliminates major data movement bottlenecks by integrating the data processing function inside memory, better known as processing-in-memory (PIM). NeuroBlade is here to alter the pace of the race.

Neuroblade Raises $83 Million In Series B Funding To Massively Accelerate Data Analytics

Neuroblade Raises $83 Million In Series B Funding To Massively Accelerate Data Analytics

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