Fundz

Deci Raises $21M To Enable The World To Benefit From The Full Potential Of Ai

PRIVATEOct 20, 2021

Amount Raised

$21 Million

Round Type

Funding Round

Tel AvivSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

Deci, the deep learning development company that helps enterprises build, optimize, and deploy AI to production, today announced it has raised a $21 million Series A round led by New York-based global private equity and venture capital firm Insight Partners. Deci's existing investors Square Peg, Emerge and Jibe Ventures participated in the round and were joined by new investors including Samsung Next, Vintage Investment Partners, and Fort Ross Ventures. The investment comes 12 months after Deci secured more than $9 million in seed funding and brings the total funding to $30.1 million. The funds will be used to accelerate Deci's commercial growth by expanding sales, marketing, and customer success operations globally.

Quick answer

Deci raised $21 Million in a Funding Round round, dated October 20, 2021. Deci is based in Tel Aviv, Tel Aviv District, Israel.

How much did Deci raise?
Deci raised $21 Million in a Funding Round round on October 20, 2021.
What does Deci do?
Deci enables deep learning to live up to its true potential by using AI to build better AI.
Where is Deci based and how big is it?
Deci is based in Tel Aviv, Tel Aviv District, Israel.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Science And Engineering around the same time

Companies in the same sectors as Deci that raised within 45 days of this round, from Fundz verified event records.

  • Clarity AI raised an undisclosed amount (Funding Round) on December 2, 2021.
  • SafelyYou raised an undisclosed amount (Funding Round) on December 2, 2021.
  • Esker raised an undisclosed amount (Funding Round) on December 2, 2021.
  • Wispr AI raised $4.6M (Seed) on November 30, 2021.
  • Trunk raised an undisclosed amount (Funding Round) on November 19, 2021.
  • Comet raised $50M (Series B) on November 18, 2021.

Who to call at Deci, and when

A new round usually means Deci is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Deci

Location

Tel Aviv, Tel Aviv District, Israel

About

Deci enables deep learning to live up to its true potential by using AI to build better AI. With the company's end-to-end deep learning development platform, AI developers can easily build, optimize, and deploy highly accurate and efficient models to any environment including cloud, edge, and mobile, allowing them to revolutionize industries with innovative products. Founded by Dr. Yonatan Geifman, Professor Ran El-Yaniv and Jonathan Elial, Deci's team of deep learning engineers and scientists are dedicated to eliminating production-related bottlenecks across the AI lifecycle. Leading enterprises and industry leaders are using Deci to boost their deep learning models' performance, shorten development cycles and reduce computing costs.

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Deci raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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