Deep Vision, Inc., a Los Altos, CA-based developer of an AI processor and software development suite for edge computing applications, raised $35m in Series B financing.
The round was led by Tiger Global, with participation from Series A investors Exfinity Venture Partners, SiliconMotion, and Western Digital.
The company intends to use the funds to expand the capabilities of its AI processor and software tools and support its customer base.
Led by Ravi Annavajjhala, Chief Executive Officer, Deep Vision provides a patented AI processor, named ARA-1, for camera-based applications like such as smart retail, driver-monitoring systems, smart city, drones, and factory automation. The company’s processor also provides natural language processing (NLP) capabilities for voice-controlled applications. Deep Vision complements its processing technology with a comprehensive and flexible set of development tools that allow its customers to convert their neural network models into optimized computation graphs ready to be deployed on the ARA-1 chip.