Amount Raised
$80 Million
Round Type
Series B
San JoseManufacturingInformation TechnologySoftwareArtificial IntelligenceMachine LearningInvestors
Description
SiMa.ai, machine learning company transforming the embedded edge market through high-performance compute at the lowest power, today announced an $80 million Series B financing led by Fidelity Management & Research Company with participation from Adage Capital Management. Also joining this round are existing investors Amplify Partners, Dell Technologies Capital, Wing Venture Capital, Alter Venture Partners, and +ND Capital. The round brings the total amount raised to $120 million since the company’s inception in November 2018.
Quick answer
SiMa.ai raised $80 Million in a Series B round, dated May 11, 2021. Investors: Dell Technologies Capital. SiMa.ai is based in San Jose, California, United States.
- How much did SiMa.ai raise?
- SiMa.ai raised $80 Million in a Series B round on May 11, 2021.
- Who invested in SiMa.ai?
- Dell Technologies Capital is named as investors in this round.
- What does SiMa.ai do?
- SiMa.ai is a Machine Learning company delivering the industry’s first software-centric, purpose-built MLSoC platform.
- Where is SiMa.ai based and how big is it?
- SiMa.ai is based in San Jose, California, United States. Fundz records about 230 employees.
- Who are the decision-makers at SiMa.ai?
- Fundz holds 4 contacts at SiMa.ai, including the VP/Head of People & Culture. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as SiMa.ai that raised within 45 days of this round, from Fundz verified event records.
- SambaNova raised $676M (Series D) on April 13, 2021.
- Valyant AI raised $3M (Seed) on June 17, 2021.
- Copia Automation raised $12M on June 16, 2021.
- Gong i.o Ltd. raised $250M on June 15, 2021.
- Superb AI raised $11M (Funding Round) on June 8, 2021.
- Alcatraz AI raised $4.6M (Seed) on June 3, 2021.
Who to call at SiMa.ai, and when
A new round usually means SiMa.ai is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SiMa.ai raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SiMa.ai, from your own LinkedIn network
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Funding Insights
What this usually meansSiMa.ai 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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