Expedera Raises $18M in Series A Funding

Expedera Inc., a Santa Clara, CA-based provider of scalable neural engine semiconductor IP, raised $18m in Series A funding.

The round, which brought the total amount raised to over $27m, was led by Dr. Sehat Sutardja and Weili Dai (founders of Marvell Technology Group) and other semiconductor industry investors.

The company intends to use the funds to speed product development and expand sales and marketing.

Led by Da Chuang, CEO, Expedera provides scalable neural engine semiconductor IP that enables major improvements in performance, power, and latency while reducing cost and complexity in AI-inference applications. Third-party silicon-validated, the solutions are scalable to a wide range of applications including smartphones, smart speakers, security cameras, PC/tablets, wearables, automotive, and edge servers.

The Origin IP and software platform supports AI frontends including TensorFlow, ONNX, Keras, Mxnet, Darknet, CoreML and Caffe2 through Apache TVM.