Products

Signal Tracker Data Platform Data Enrichment API Intelligence desk

Solutions

Inward Investment & Aftercare Deal Origination Executive Search Corporate Development Signal-Based Outbound Competitive Intelligence Funding Signals Competitor Monitoring For Sales Teams For Founders For Agencies For Investors

Explore

Companies Live Signals Markets Trends

Resources

Signal Checker Blog Integrations FAQ Contact Pricing
Login Book a demo
Neural Magic (Acquired by Red Hat) logo — company profile

Neural Magic (Acquired by Red Hat)

Founded 2018 United States Somerville, United States 17 employees Series A Total: $50.00M AI, Information Technology +1

General Information

Company Name Neural Magic (Acquired by Red Hat)
Founded Year 2018
Location United States Somerville, United States +1
Employees 17
Industries AI, Information Technology, Machine Learning
Funding Stage Series A
Social

Get notified when Neural Magic (Acquired by Red Hat) moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About Neural Magic (Acquired by Red Hat)

Neural Magic, founded in 2018 and headquartered in the United States, operates at the intersection of AI, Information Technology, and Machine Learning. With a focus on maximizing AI value delivery using existing resources, it offers a unique proposition enabling organizations to leverage their current infrastructure efficiently.

In its latest financial milestone, the company secured a $30.00M Series A investment in October 2021. This investment round saw participation from notable investors including Comcast Ventures, New Enterprise Associates, Amdocs, Ridgeline, Pillar VC, and Andreessen Horowitz, signaling strong confidence in its innovative approach and market potential.

Notably, Neural Magic was recently acquired by Red Hat, underscoring its strategic value and the robustness of its technological offerings in the competitive AI landscape.

Services & Products

Red Hat AI Enterprise
Red Hat AI Inference Server
Red Hat Enterprise Linux AI
Red Hat OpenShift AI
Automation Platform
Consulting
Technical Account Management

Target Customers

Automotive industry Financial services Healthcare sector Industrial sector Media and entertainment Public sector Telecommunications

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor Investor
•••• •••• 		05 Oct 2021
Seed Round •••••• 6
Investor Investor Investor
•••• •••• 		06 Nov 2019
Seed Round •••••• - 13 Mar 2018

Neural Magic (Acquired by Red Hat) Alternatives & Competitors

View All Alternatives
Neural Magic (Acquired by Red Hat) vs
Hackmasters
Hackmasters United Kingdom

Master The Future. Faster.

11 employees
Privacy and Security
Neural Magic (Acquired by Red Hat) vs
MyJobNow
MyJobNow Greece

Βρες προσωπικό/δουλειά εύκολα και γρήγορα από το κινητό σου!

Seed
11 employees
Internet
Neural Magic (Acquired by Red Hat) vs
zynnyme Private Practice Experts
zynnyme Private Practice Experts United States

Build a successful private practice & a happy life

4 employees
Health Care, Health and Wellness
View all alternatives

FAQ About Neural Magic (Acquired by Red Hat)

Deliver AI value with the resources you have, the insights you own, and the freedom you need.
Neural Magic (Acquired by Red Hat) was founded in 2018.
Neural Magic (Acquired by Red Hat) is headquartered in Somerville, United States.
Neural Magic (Acquired by Red Hat) operates in the following industries: AI, Information Technology, Machine Learning.
Neural Magic (Acquired by Red Hat) has approximately 17 employees.
Neural Magic (Acquired by Red Hat) has completed 3 funding rounds, raising a total of $50.00M. The latest funding stage is Series A.
Neural Magic (Acquired by Red Hat) offers: Red Hat AI Enterprise, Red Hat AI Inference Server, Red Hat Enterprise Linux AI, Red Hat OpenShift AI, Automation Platform, Consulting, Technical Account Management.
Top alternatives and competitors to Neural Magic (Acquired by Red Hat) include Hackmasters, MyJobNow, zynnyme Private Practice Experts, Swoddy Inc., EUROPEA.RED. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Neural Magic (Acquired by Red Hat) and Hackmasters are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors Neural Magic (Acquired by Red Hat) and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

See how it works

One analytics cookie (Google Analytics). Cookie Policy

Book a demo 30 minutes