Bitfusion, an Austin, Texas- and Sunnyvale, CA-based provider of AI infrastructure management solutions, raised $5M in Series A funding.
The round was led by Vanedge Capital, with participation from new investor Sierra Ventures and existing investors Data Collective, Resonant VC, and Geekdom.
The company will use the funds to continue to develop the platform and expand operations.
Led by Subbu Rama, co-founder and CEO, Bitfusion provides an Artificial Intelligence powered infrastructure management software to streamline the development and deployment of deep learning applications. The company also announced the beta availability of Bitfusion Flex, a software product that allows AI developers to streamline the development and deployment of deep learning applications by dynamically scaling and sharing on-demand compute power.
Powered by the company’s core virtualization engine, the platform optimizes deep learning workflows throughout the AI application lifecycle including development, training, and inference. It can be deployed into any data center or cloud and enhances the use of GPUs, FPGAs and other AI compute resources across all major deep learning frameworks.
FinSMEs
02/05/2017