Tech Company Financing Transactions
Wave Computing Funding Round
Oakmont Corporation and private investors invested in a $86 million Series E capital raise for Wave Computing. The funding round was recorded on 12/3/2018.
Transaction Overview
Company Name
Announced On
12/3/2018
Transaction Type
Venture Equity
Amount
$86,000,000
Round
Series E
Investors
Oakmont Corporation (Lead Investor)
Proceeds Purpose
Proceeds from the round will be used to fuel Wave's worldwide growth and evolution of company's structure in support of its strategic and commercial scale out plans for 2019 and beyond.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
42 West Campbell Ave. 301
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Website
Email Address
Overview
Wave Computing is the Silicon Valley company that is revolutionizing artificial intelligence (AI) and deep learning from the datacenter to the edge with its dataflow-based systems and embedded solutions. The company enables enterprises to accelerate their AI applications by easily and cost-effectively bringing deep learning to their data, wherever it is.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derek Meyer
Chief Financial Officer
Dennis Bencala
Chief Technical Officer
Chris Nicol
Vice President
Jin Kim
Vice President
Michael Uhler
VP - Bus. Development
Lee Flanagin
VP - Engineering
Darren Jones
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