Expedera Raises $18M in Series A Funding
- Expedera Inc., a Santa Clara, CA-based provider of scalable neural engine semiconductor IP, raised $18m in Series A funding
- The round, which brought the total amount raised to over $27m, was led by Dr. Sehat Sutardja and Weili Dai and other semiconductor industry investors
- The company intends to use the funds to speed product development and expand sales and marketing
- The company provides scalable neural engine semiconductor IP that enables major improvements in performance, power, and latency while reducing cost and complexity in AI-inference applications
- Third-party silicon-validated, the solutions are scalable to a wide range of applications including smartphones, smart speakers, security cameras, PC/tablets, wearables, automotive, and edge servers
