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IT

Mythic raises USD 70 mln in Series C funding led by BlackRock, HPE

Wednesday 12 May 2021 | 11:10 CET | News
AI processor specialist Mythic secured USD 70 million in Series C funding led by BlackRock and Hewlett Packard Enterprise (HPE). The Series C round brings Mythic's total funding to USD 165.2 million. Mythic said it will use the new funding to accelerate plans for mass production of its AI inference products and increase support for its growing customer base, which spans APAC, Europe and the US. Mythic will also use the money raised to develop its next generation hardware platform and build out its software portfolio.

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Categories: IT
Companies: Hewlett Packard Enterprise / Mythic
Countries: World
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