SiMa.ai Raises $30 Million in Series A Investment Round Led by Dell Technologies Capital
May 12, 2020•about 5 years ago
Amount Raised
$30 Million
Round Type
series a
Description
SiMa.ai™, the machine learning company enabling high performance compute at the lowest power, today announced a $30 million Series A funding round led by Dell Technologies Capital with participation from institutional investors Amplify Partners, Wing Venture Capital, and +ND Capital. The round brings the total amount raised to $40 million. SiMa.ai will use the funding to accelerate production and deliver on customer commitments. Daniel Docter, Managing Director at Dell Technologies Capital joins the SiMa.ai Board of Directors.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech