Intelligent Sensing Solutions Company Eta Compute Raises $12.5 Million
December 22, 2020

ntelligent Sensing Solutions Company Eta Compute Raises $12.5 Million In Series C Funding

Eta Compute — a leader in energy-efficient endpoint AI solutions for intelligent sensing anywhere — recently announced it closed its Series C funding of $12.5 million. Including this round, the company has raised a total of $31.9 million.

This funding round was led by Synaptics Incorporated along with participation from existing investors. And Satish Ganesan, Chief Strategy Officer at Synaptics, will join the Eta Compute Board of Directors.

And Eta Compute announced a co-development and co-marketing partnership with Synaptics. This partnership gives Eta Compute access to Synaptics’ just announced ultra-low power Katana Edge AI SoC, and Synaptics access to Eta Compute’s TENSAI Flow software and neural network compilers, models and AI applications.

The joint partnership accelerates the introduction of innovative ultra-low power audio- and vision-based edge AI solutions for smart home consumer IoT markets, and for smart industrial IoT (IIoT) applications in buildings, factories, and cities.

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