Nervana Systems
AcquiredSan Diego, United States · Founded 2014 · $24.4M raised
- Headquarters
- San Diego, California
- Employees
- 11–50
- Founded
- 2014
- Business Model
- B2B
- Website
- nervana.ai
- Total Funding
- $24.4M
- Last Round
- $20.5M Series AJun 2015
- Rounds
- 3
- Acquired by
- IntelAug 2016 · $408.0M
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Nervana Systems was a deep learning startup based in San Diego, California that built custom AI chips (Nervana Engine) and software optimized for neural network training. Founded in 2014, the company developed hardware and software solutions to dramatically accelerate machine learning workloads. Intel acquired Nervana in August 2016 for a reported $350–$400M to bolster its AI and data center capabilities.
Summary
Nervana Systems is an Artificial Intelligence company based in San Diego, United States, founded in 2014. It has raised $24.4M in total across 3 rounds, most recently a $20.5M Series A round in Jun 2015. Investors include DCVC (Data Collab), Draper Fisher Jurvetson and CME Ventures.
Funding History
Aug 2016
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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