A $20 million Series B fundraising round was secured by Expedera, a Santa Clara, California-based company that licenses edge inference artificial intelligence (AI) semiconductor intellectual property (IP).
Investors
- Independent Semiconductor raised a total of over $47 million with the help of other investors.
Use of funds
The business plans to utilize the money to grow its worldwide engineering base and enhance its Neural Processing Unit (NPU) IP products and services.
The corporation has customer service offices and engineering development centers in Singapore, Taiwan, China, Japan, and the United Kingdom.
About Expedera
Under the direction of CEO Da Chuang, Expedera offers semiconductor IP for neural engines that can be customized to increase power, performance, and latency while decreasing cost and complexity in edge AI inference applications. Its Neural Processing Unit (NPU) solutions, which are scalable and provide results in applications ranging from edge nodes and smartphones to automobiles, are used in more than 10 million consumer devices. The platform comes with a TVM-based software stack that supports multi-job APIs, offers many quantization choices, automated completion, compilation, estimator, and profiling tools, and allows the import of trained networks.
