Speedata, a chip startup competing with Nvidia, raises a $44M Series B

Speedata, a chip startup competing with Nvidia, raises a $44M Series B

Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a Founded by six researcher, Speedata wants to build the first-ever purpose-build chip designed specifically for big data workloads.

Speedata Raises $44M in Series B Funding

Speedata, a Tel Aviv, Israel-based company developing a dedicated accelerated processor for big data analytics, raised $44M in Series B funding. Backers included Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First, and Viola Ventures, as well as strategic investors including Lip-Bu Tan, CEO of Intel and Managing Partner at Walden Catalyst Ventures, and Eyal Waldman, […] The post Speedata Raises $44M in Series B Funding…

Speedata raises $44m in Series B funding round

Speedata has secured $44m in a Series B funding round to advance its chip technology tailored for data analytics workloads.

Israeli Chip Startup Speedata Secures Series B to Debut AI-Centric APU

Speedata Raises $44M to Launch Custom APU, Challenging Nvidia in Analytics Processing Tel Aviv-based chip startup unveils high-performance… The post Israeli Chip Startup Speedata Secures Series B to Debut AI-Centric APU appeared first on IMP.NEWS.

Nvidia rival Speedata, a microprocessor firm, earns $44 million in a Series B funding round

Speedata, a firm based in Tel Aviv that is creating an analytics processing unit (APU) to speed up tasks related to AI and big data analysis, has raised a total of $114 million through a $44 million Series B fundraising round. Eyal Waldman, co-founder and former CEO of Mellanox Technologies, and Lip-Bu Tan, CEO of Intel and managing partner at Walden Catalyst Ventures, were among the strategic investors who led the Series B round, along with the…

Data analytics chip startup Speedata closes $44M funding round - SiliconANGLE

Speedata Ltd, the developer of a chip optimized for data analytics such as Apache Spark, has raised $44 million in funding. The startup announced the Series B investment today. It included the participation of Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First and Viola Ventures. The investment firms were joined by Intel Corp. Chief […] The post Data analytics chip startup Speedata closes $44M funding round appeared f…