Deci, a Tel Aviv, Israel-based deep learning company, raised $9.1m in seed funding.
The round was led by Emerge and Square Peg.
The company intends to use the funds to expand operations and its business reach.
Co-founded by deep learning scientist Yonatan Geifman, PhD, together with technology entrepreneur Jonathan Elial, and professor Ran El-Yaniv, a computer scientist and machine learning expert from the Henry and Marilyn Taub Faculty of Computer Science at the Technion – Israel Institute of Technology. Deci is building an AI-based platform that can automatically create scalable, and efficient deep neural network solutions ready for production at scale. With its new deep learning platform, AI developers can achieve up to tenfold performance improvement on any task, be it machine vision, NLP, or audio.
Deci has already partnered with numerous industry leaders in autonomous vehicles, manufacturing, communication, video and image editing, healthcare, hardware, and system OEMs.
In addition, last month, the company submitted its inference results to MLPerf, the industrial standardized benchmark suite for measuring deep learning performance.