Blaize, an El Dorado Hills, Calif.-based provider of edge and automotive computing solutions, closed a $71m Series D round of funding.
Franklin Templeton, a new investor, and Temasek, an existing investor, led the round, with participation from DENSO and other new and existing investors.
The company intends to use the funds to accelerate the product roadmap to meet demand for its solutions in automotive, smart retail, smart city and industrial markets.
Led by Dinakar Munagala, CEO, Blaize provides edge AI computing solutions in automotive, mobility, smart retail, security, industrial and metro market sectors. In 2020, the company released and built a multi-year pipeline for the first generation Blaize AI edge computing hardware products based on its GSP architecture, and the Blaize AI Studio end-to-end application lifecycle software platform.
The company also has teams in Campbell (CA), Cary (NC), and subsidiaries in Hyderabad (India), Manila (Philippines), and Leeds and Kings Langley (UK), with 300+ employees worldwide.
FinSMEs
28/07/2021