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Omniml Secures $10 Million To Accelerate Ai Computing On Edge Devices
03/29/22, 3:08 PM
Location
Money raised
$10 million
OmniML, a startup developing smaller and faster machine learning models, today announced $10 million in seed funding to accelerate the use of artificial intelligence (AI) on edge devices. GGV Capital led the round with additional investment by Qualcomm Ventures, Foothill Ventures, and a few other venture capital firms.
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Company Info
Location
san jose, california, united states
Additional Info
OmniML is an industry-defining enterprise artificial intelligence (AI) company that aims to effortlessly empower edge AI everywhere. The company enables and amplifies powerful machine learning capabilities to edge devices by bringing greater speed, accuracy, and efficiency in AI through deep learning models that bridge the gap between those devices and AI applications. OmniML demonstrated significant gains in model performance and cost reduction in its initial collaborations with large enterprise customers in multiple vertical markets, with ML tasks running 10 times faster on different edge devices. The company is backed by established VCs including GGV Capital, Qualcomm Ventures, Foothill Ventures, Matrix Partners, Tectonic Ventures, Fellows Fund, IMO Ventures, GSR Ventures. Led by CEO Di Wu, PhD, former Facebook engineer; and Dr. Song Han, MIT EECS professor and serial entrepreneur. The OmniML team also includes world-leading researchers and industry experts from Stanford University, MIT, UCLA, CMU, and other successful AI start-ups. Founded in 2021, OmniML is headquartered in San Jose, Calif. omniml.ai

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