Tech Company Financing Transactions
Graphcore Funding Round
Graphcore closed a $50 million Series C funding round on 11/14/2017. Backers included Sequoia Capital and private investors.
Transaction Overview
Company Name
Announced On
11/14/2017
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Sequoia Capital (Lead Investor)
Proceeds Purpose
What this really does is allows us to scale. We're already working on a roadmap, we can tack on and drive the development of those really quickly. We can look at some other areas, we can expand so we can support more customers more quickly. I think it really allows us to fundamentally speed up.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
167 Hamilton Ave.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
We're optimistic for a future where people live healthier, more informed, more creative lives. We see a world where technology enhances human potential, and takes us into a new era of intelligence and progress that everyone can benefit from.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nigel Toon
Chief Financial Officer
Nick Davies
Chief Technical Officer
Simon Knowles
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