Syntiant Corp., an Irvine, CA-based artificial intelligence semiconductor company, closed a Series A funding round of undisclosed amount.
The round was led by Intel Capital, with participation from Seraph Group, Danhua Capital and Embark Ventures.
The company intends to use the funds for the further development and commercialization of its technology.
Led by Kurt Busch, chief executive officer, Syntiant is advancing analog neural network technology which enables OEMs to bring machine learning and AI to edge devices. The company’s technology eliminates data movement penalties, enabling smart devices to perform neural computation locally, faster, and more efficiently than traditional CPU, GPU and DSP options.
Ideally suited for voice, sensor and video applications from mobile phones and wearable devices to smart sensors and drones, Syntiant’s Neural Decision Processors (NDPs) utilize custom analog neural networks to optimize deep learning functions at the transistor level.