Tech Company Financing Transactions

Habana Labs Funding Round

Intel Capital, Battery Ventures and Bessemer Venture Partners participated in a $75 million Series B venture round for Habana Labs. The funding round was recorded on 11/16/2018.

Transaction Overview

Company Name
Announced On
11/16/2018
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series B
Investors

Intel Capital (Lead Investor) (Wendell Brooks)

Battery Ventures

Bessemer Venture Partners (Adam Fisher)

WRV Capital (Lip-Bu Tan)

Proceeds Purpose
The funding will be used to execute on our product roadmap for inference and training solutions, including our next generation 7nm AI processors, to scale our sales and customer support teams, and it only increases our resolve to become the undisputed leader of the nascent AI processor market.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
748 Story Rd.
San Jose, CA 95112
USA
Phone
Undisclosed
Email Address
Overview
Habana Labs was founded in 2016 to unlock the true potential of AI by providing an order of magnitude improvements in processing performance, cost and power consumption. The company set out to develop AI processors from the ground up, optimized for the specific needs of training deep neural networks and for inference deployment in production environments.
Profile
Habana Labs LinkedIn Company Profile
Social Media
Habana Labs Company Twitter Account
Company News
Habana Labs News
Facebook
Habana Labs on Facebook
YouTube
Habana Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Dahan
  David Dahan LinkedIn Profile  David Dahan Twitter Account  David Dahan News  David Dahan on Facebook
Chief Financial Officer
Avi Shadmi
  Avi Shadmi LinkedIn Profile  Avi Shadmi Twitter Account  Avi Shadmi News  Avi Shadmi on Facebook
Chief Technical Officer
Shlomo Raikin
  Shlomo Raikin LinkedIn Profile  Shlomo Raikin Twitter Account  Shlomo Raikin News  Shlomo Raikin on Facebook
VP - Bus. Development
Eitan Medina
  Eitan Medina LinkedIn Profile  Eitan Medina Twitter Account  Eitan Medina News  Eitan Medina on Facebook
VP - R & D
Ran Halutz
  Ran Halutz LinkedIn Profile  Ran Halutz Twitter Account  Ran Halutz News  Ran Halutz on Facebook


 

 

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We report on every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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