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General

Syntiant raises USD 25 mln in Series B funding round led by Microsoft's M12

Thursday 25 October 2018 | 10:51 CET | News

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AI chip company Syntiant raised USD 25 million in Series B funding led by Microsoft's venture fund M12. Other strategic investors that participated in the raise include the Amazon Alexa Fund, Applied Ventures, Intel Capital, Motorola Solutions Venture Capital and Robert Bosch Venture Capital. Syntiant also announced the expansion of its board to five members with the appointments of Samir Kumar, managing director of M12, and Bret Johnsen, CFO of Space Exploration Technologies (SpaceX), who will serve as an independent director.

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Categories: General
Companies: Amazon / Bosch / Intel / Microsoft / Motorola / Motorola Solutions / Qualcomm / SpaceX
Countries: World
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