Nervana Systems, a San Diego, CA-based developer of custom hardware for Deep Learning, raised $600k in seed financing.
Backers included Ali and Hadi Partovi, Sam Altman, Geoff Ralston, Scott Banister, Owen Van Natta, Eric Baker, Farzad Khosrowshahi, Dara Khosrowshahi, Allen & Company, VP Aditya Agrawal & Ruchi Sanghvi, and SV Angels.
The company intends to use the funds to contine to develop its system.
Led by Dr. Naveen Rao, CEO, Dr. Amir Khosrowshahi, and Dr. Arjun Bansal, Nervana Systems Nervana develops custom hardware for machine learning algorithms, which aims to enable computers to analyze and learn from massive amounts of data.
The company, which also has offices in Mountain View, CA, also announced its advisory board, with academic and industry leaders Prof. Bruno Olshausen, Prof. Jan Rabaey, Ali Partovi, and Scott Banister.