NeuroBlade Raises $83M in Series B Funding
- NeuroBlade, a Tel Aviv, Israel-based provider of data acceleration solutions, secured $83m in Series B funding, bringing total invested capital to $110m
- The round was led by Corner Ventures with contribution from Intel Capital, and current investors StageOne Ventures, Grove Ventures and Marius Nacht
- The financing will be put to work as the company expands its engineering teams in Tel Aviv and builds out its sales and marketing teams globally
- The company has developed a new data analytics architecture that eliminates major data movement bottlenecks by integrating the data processing function inside memory
- The company accelerates data analytics and unclogs traditional bottlenecks by integrating its technology into a full system-level easy-to-deploy appliance
- The company currently has more than 100 employees
