DeepCube Raises Series A Funding to Realize Real-World Deployments of Deep Learning on Edge Devices, at Scale

Sep 22, 2020•almost 5 years ago

Round Type

series a

Tel Aviv

Description

DeepCube, the award-winning deep learning pioneer, today announced that it has closed $7 million in Series A funding. The round, led by Canadian VC Awz Ventures with participation from Koch Disruptive Technologies (KDT) and Nima Capital, brings the total invested in DeepCube to $12 million. The funding will enable DeepCube to advance, productize, and expand the footprint of its patented software-based inference accelerator in new markets, while fueling additional research, commercialization, and growth of the DeepCube team in its offices in Tel Aviv and the US.

Company Information

Company

Deep Cube

Location

Tel Aviv, Israel

About

DeepCube is an award-winning deep learning pioneer that provides the industry’s first software-based inference accelerator to drastically improve deep learning performance on existing hardware. Modeled after the way the human brain develops during childhood, DeepCube’s patented technology is the first to be purpose-built for deployment of deep learning models on data centers and intelligent edge devices. Its proprietary framework can be deployed on top of any existing hardware, resulting in drastic speed improvement and memory reduction.