Hailo raises $136m Collection C


AI chipmaker Hailo in the present day introduced it has raised $136 million in a Collection funding spherical led by Poalim Fairness and Gil Agmon.

The spherical was joined by current buyers, together with  Hailo Chairman Zohar Zisapel, Swiss-based ABB Know-how Ventures (ATV), London’s Latitude Ventures, Israel’s OurCrowd, and new buyers, together with Carasso Motors, Comasco, Shlomo Group, Talcar Company Ltd., and Automotive Tools (AEV) [Machshiri Tnua].

Mooly Eden, a former Intel svp will be a part of Hailo’s board of administrators, and Eyal Waldman, Co-Founder and former CEO of Mellanox Applied sciences, will be a part of its advisory board.

The spherical brings Hailo’s complete funding to $224 million.

The  funding will  permit the corporate to develop its next-generation merchandise and broaden into new and current markets.  

Hailo has been  increasing its product line, lately launching each its M.2 and Mini PCIe high-performance AI acceleration modules for edge processing.

 The corporate has has doubled its buyer base to 100  over the past two fiscal quarters of 2021.





Supply hyperlink

We will be happy to hear your thoughts

Leave a reply

Compare items
  • Total (0)
Compare
0
Shopping cart