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

San Jose

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.

Company Information

Company

Si Ma.Ai

Location

San Jose, California, United States

About

SiMa.ai is a machine learning company transforming the embedded edge market through high-performance compute at the lowest power. Initially focused on computer vision applications, the company’s software-first approach simplifies ML integration and supports the broadest set of capabilities through a purpose-built MLSoC platform, enabling rapid adoption and creating the best of ease-of-use experience. SiMa.ai is led by technologists and business veterans and backed by a set of top investors committed to helping customers scale machine learning at the edge. For more information, visit www.SiMa.ai. © Copyright 2021 SiMa Technologies, Inc. SiMa.ai logo and other designated brands included herein are trademarks in the United States and other countries.

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