Quadric, a Burlingame, CA-based provider of a high-performance edge processing platform optimized for on-device AI at the network edge, raised $21M in Series B funding.
The round was led by NSITEXE, Inc., with participation from MegaChips and existing investors Leawood VC, Pear VC, Uncork Capital, and Cota Capital.
The company intends to use the funds to expand the team and release the next version of its novel processor architecture, improve quadric SDK performance, and roll out Intellectual Property (IP) products for integration in System on Chips (SoCs).
Led by Veerbhan Kheterpal, CEO, Quadric is building a unified, end-to-end hardware and software architecture optimized for on-device AI computing at the network edge. The company offers an integrated full-stack software and hardware platform with optimized algorithms and next-generation processor technology that delivers unmatched capabilities and efficiency across applications for high-performance edge computing. Leveraging an integrated full-stack platform, including AI models, software and hardware, Quadric enables the deployment of impactful AI applications.
FinSMEs
16/03/2022