SambaNova Systems, a Palo Alto, Calif.-based company building an advanced systems platform to run artificial intelligence applications (AI) from the datacenter to the edge, raised $150M in Series B funding.
The round was led by Intel Capital, with participation from existing investors GV (formerly Google Ventures), Walden International, Atlantic Bridge Ventures, and Redline Capital.
The company intends to use the funds to extend its product roadmap, and to continue to expand the software capabilities of its products to bolster their lead in AI software in pursuit of additional markets.
Founded in 2017 by Stanford Professors Kunle Olukotun and Chris Ré and led by Rodrigo Liang, co-founder and CEO, SambaNova Systems is building an advanced systems platform to run AI applications from the datacenter to the edge.
While traditional AI Infrastructure companies have focused on delivering a single technology component, the company developed a systems architecture that is flexible, scalable, and optimized for dataflow from algorithms to silicon.
Olukotun is known as the “father of the multi-core processor” and the leader of the Stanford Hydra Chip Multiprocessor (CMP) research project. Ré is an associate professor in the Department of Computer Science at Stanford University in the InfoLab. Ré is a MacArthur Genius Award recipient, is affiliated with the Statistical Machine Learning Group, Pervasive Parallelism Lab, and Stanford AI Lab.
Liang is a former senior vice president of processor development at Oracle Corporation.
FinSMEs
01/04/2019