Tech Company Financing Transactions
Hailo Funding Round
On 3/6/2020, Hailo announced $60 million in Series B funding from ABB Technology Ventures, Latitude Ventures and NEC.
Transaction Overview
Company Name
Announced On
3/6/2020
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Proceeds Purpose
The company says that its new funding will "bolster the ongoing global rollout of its breakthrough Hailo-8 Deep Learning chip and to reach new markets and industries worldwide.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
94 Yigal Alon St.
Tel Aviv, 6789139
Israel
Tel Aviv, 6789139
Israel
Phone
Undisclosed
Website
Email Address
Overview
Hailo is developing a breakthrough specialized deep learning processor, that empowers intelligent devices with the performance of a data center-class computer, operating in real time at minimal power consumption, size and cost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Orr Danon
Chief Technical Officer
Avi Baum
Chief Technical Officer
Daniel Chibotero
Vice President
Guy Kaminitz
Vice President
Amihai Kidron
VP - Bus. Development
Liran Bar
VP - Bus. Development
Gary Huang
VP - Bus. Development
Hadar Zeitlin
VP - Operations
Limor Adler
VP - Operations
Nir Tivon
VP - Product Management
Yaniv Sulkes
VP - R & D
Mark Grobman
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