Tech Company Financing Transactions
Mythic Funding Round
On 5/12/2021, Mythic raised $70 million in Series C investment from BlackRock, Hewlett Packard Ventures and AVG Ventures.
Transaction Overview
Company Name
Announced On
5/12/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors
BlackRock (Lead Investor)
Hewlett Packard Ventures (Lead Investor) (Paul Glaser)
Proceeds Purpose
Mythic will use the new funding to accelerate plans for mass production of its groundbreaking AI inference solutions and increase support for the company's growing customer base, which spans across APAC, Europe and the U.S.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
333 Twin Dolphin Dr. 300
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Undisclosed
Website
Email Address
Overview
Mythic's platform frees local AI from the cloud and conventional on-device technologies that limit sophistication.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Henry
Chief Technical Officer
David Fick
VP - Engineering
Ty Garibay
VP - Human Resources
Anita Lim
VP - Manufacturing
Nakul Shaji
VP - Operations
Jean Xin
VP - Product Management
Frederick Soo
VP - Product Management
Tim Vehling
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We do our best to report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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