Tech Company Financing Transactions

Mythic Funding Round

On 3/21/2018, Mythic raised $40 million in Series B funding from SoftBank Ventures Korea, AME Cloud Ventures and Data Collective.

Transaction Overview

Company Name
Mythic
Announced On
3/21/2018
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors

SoftBank Ventures Korea (Lead Investor) (JP Lee)

AME Cloud Ventures

Data Collective

private investors (Andrew Bechtolsheim)

Lockheed Martin (Chris Moran)

Lux Capital (Shahin Farshchi)

Threshold Ventures (Steve Jurvetson)

Proceeds Purpose
Mythic is working with the top players in high-end consumer electronics, AR/VR, gaming, auto, drones, and robotics and plans to deliver the first product samples at the end of this year and ship in volume in early 2019.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
333 Twin Dolphin Dr. 300
Redwood City, CA 94065
USA
Phone
Undisclosed
Website
www.mythic-ai.com
Email Address
[email protected]
Overview
Mythic's platform frees local AI from the cloud and conventional on-device technologies that limit sophistication.
Profile
Mythic LinkedIn Company Profile
Social Media
Mythic Company Twitter Account
Company News
Mythic News
Facebook
Mythic on Facebook
YouTube
Mythic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Henry
  Michael Henry LinkedIn Profile  Michael Henry Twitter Account  Michael Henry News  Michael Henry on Facebook
Chief Technical Officer
David Fick
  David Fick LinkedIn Profile  David Fick Twitter Account  David Fick News  David Fick on Facebook
VP - Engineering
Ty Garibay
  Ty Garibay LinkedIn Profile  Ty Garibay Twitter Account  Ty Garibay News  Ty Garibay on Facebook
VP - Human Resources
Anita Lim
  Anita Lim LinkedIn Profile  Anita Lim Twitter Account  Anita Lim News  Anita Lim on Facebook
VP - Manufacturing
Nakul Shaji
  Nakul Shaji LinkedIn Profile  Nakul Shaji Twitter Account  Nakul Shaji News  Nakul Shaji on Facebook
VP - Operations
Jean Xin
  Jean Xin LinkedIn Profile  Jean Xin Twitter Account  Jean Xin News  Jean Xin on Facebook
VP - Product Management
Frederick Soo
  Frederick Soo LinkedIn Profile  Frederick Soo Twitter Account  Frederick Soo News  Frederick Soo on Facebook
VP - Product Management
Tim Vehling
  Tim Vehling LinkedIn Profile  Tim Vehling Twitter Account  Tim Vehling News  Tim Vehling on Facebook

 

 

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Prev: 3/21/2018: 17ZUOYE venture capital transaction
Next: 3/21/2018: Eden Health venture capital transaction

 

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