Hailo, a company developing a proprietary chip for deep learning on edge devices, completed a $12.5 million Series A round. The company's investors include Ourcrowd.com, Maniv Mobility, the Drive accelerator fund Next Gear, as well as angel investors Hailo Chairman Zohar Zisapel and Delek Motors
Payments company YapStone announced the first closing in a Series C funding round, raising $71 million. Premji Invest led the round and was joined by several high-profile investors, including Mastercard and existing investors Accel and Meritech Capital Partners. YapStone's configurable payment system enables marketplace and software
Today a new company, Ampere, was launched with a goal of the building processors to improve memory performance, cost, space and power constraints for emerging hyperscale cloud applications and next-generation data centers. The company is backed by The Carlyle Group, the global alternative asset management
Graphcore announced a $50 million Series C funding round by Sequoia Capital, as the machine intelligence company prepares to ship its first intelligence processing unit products to early access customers in 2018. The Series C round will be dedicated to scaling up production, building a