Hailo

AI Chipmaker Hailo Raises $60 Million in Series B Funding

Retrieved on: 
Thursday, March 5, 2020
Articles, Taxicabs, Technology, Hailo, Artificial intelligence, Academic disciplines

TEL AVIV, Israel, March 5, 2020 /PRNewswire/ -- Hailo , the leading AI chipmaker delivering unprecedented performance to edge devices,today announced it has raised$60 million in SeriesB funding.

Key Points: 
  • TEL AVIV, Israel, March 5, 2020 /PRNewswire/ -- Hailo , the leading AI chipmaker delivering unprecedented performance to edge devices,today announced it has raised$60 million in SeriesB funding.
  • The funding will be used by Hailo to bolster the ongoing global rollout of its breakthrough Hailo-8 Deep Learning chip and to reach new markets and industries worldwide.
  • The Series B round brings Hailo's total funding to $88 million.
  • Hailo , an AI-focused, Israel-based chipmaker, has developed a specialized Deep Learning processor that delivers the performance of a data center-class computer to edge devices.

AI Chipmaker Hailo Raises $60 Million in Series B Funding

Retrieved on: 
Thursday, March 5, 2020
Articles, Taxicabs, Technology, Hailo, Artificial intelligence, Academic disciplines

TEL AVIV, Israel, March 5, 2020 /PRNewswire/ -- Hailo , the leading AI chipmaker delivering unprecedented performance to edge devices,today announced it has raised$60 million in SeriesB funding.

Key Points: 
  • TEL AVIV, Israel, March 5, 2020 /PRNewswire/ -- Hailo , the leading AI chipmaker delivering unprecedented performance to edge devices,today announced it has raised$60 million in SeriesB funding.
  • The funding will be used by Hailo to bolster the ongoing global rollout of its breakthrough Hailo-8 Deep Learning chip and to reach new markets and industries worldwide.
  • The Series B round brings Hailo's total funding to $88 million.
  • Hailo , an AI-focused, Israel-based chipmaker, has developed a specialized Deep Learning processor that delivers the performance of a data center-class computer to edge devices.

Hailo Expands Series A Round to $21M and Launches Hailo-8™ Fast Track Program for Select Customers

Retrieved on: 
Tuesday, January 22, 2019
Economy, Hailo, Taxicabs, Venture capital

Chinese venture capital firm, Glory Ventures, led the investment-round expansion and was joined by existing and other new investors.

Key Points: 
  • Chinese venture capital firm, Glory Ventures, led the investment-round expansion and was joined by existing and other new investors.
  • Hailo is also opening registration for the Hailo-8 Fast Track program to select customers and is offering these customers the opportunity to evaluate the initial samples of its high-performance, low-power and small-size Hailo-8 deep learning processor.
  • Program participants from various sectors will also be able to develop and prototype their own deep learning products based on the Hailo-8 processor.
  • To learn more about Hailo, visit www.hailotech.com
    For more information about the Hailo-8 Fast Track program visit: