HomeFinTechEta Compute: Raises $12.5M in Series C Funding

Eta Compute: Raises $12.5M in Series C Funding

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing Landscape Highlights: The UK...

Belgium Prosecutors Investigate Worldline Local Unit for Potential Misconduct

An In-Depth Look into the Probe and Its Implications...
  • Eta Compute Inc. closed its $12.5m Series C funding, bringing total funds raised to $31.9m
  • The round led by Synaptics Incorporated with participation from existing investors
  • In conjunction with the funding, Satish Ganesan, Chief Strategy Officer at Synaptics, will join the Eta Compute Board of Directors
  • The company intends to use the funds to expand its available market, grow design wins and accelerate the introduction of new modules and software
  • The company also announced a co-development and co-marketing partnership with Synaptics
  • Earlier this year, Eta Compute introduced TENSAI®, an energy-efficient endpoint AI platform, consisting of the ECM3532 neural sensor processor
Exit mobile version