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Wave Computing logo — Helping companies accelerate artificial intelligence from th...

Wave Computing

Helping companies accelerate artificial intelligence from the data center to the edge.

Founded 2010 United States San Jose, United States 38 employees Series E Total: $203.31M AI, Analytics +2

General Information

Company Name Wave Computing
Founded Year 2010
Location United States San Jose, United States
Employees 38
Industries AI, Analytics, Big Data +1
Funding Stage Series E
Social

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About Wave Computing

Wave Computing is a VC-backed company revolutionizing artificial intelligence with its dataflow-based chips, systems, and software, delivering significant performance improvements. The company's vision is to bring deep learning to customers' data from the edge to the data center, accelerating time-to-insight. Based in Campbell, California, Wave Computing has been recognized as the 2018 "Machine Learning Industry Technology Innovation Leader" by Frost & Sullivan and listed as one of the "Top 25 Artificial Intelligence Providers" by CIO Application Magazine. Combined with MIPS, Wave now holds over 400 patents and has hundreds of customers worldwide. Founded in 2008, Wave Computing operates in the Analytics and Big Data industries, with headquarters in the United States. The company secured an $86.00M Series E investment on 29 November 2018, with Oakmont Corporation as the investor.

Taxonomy: Data Center, Edge Computing, Dataflow-based Chips, Performance Improvement, Deep Learning, Technology Innovation, Patents, Venture Capital, Silicon Valley, Frost & Sullivan, AI Providers

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series E $86.00M 1
Oakmont Corporation
Oakmont Corporation
29 Nov 2018
Series D $56.70M 3
Southern Cross Renewable Energy Fund Tallwood Venture Capital
Southern Cross Renewable Energy Fund, Tallwood Venture Capital +1
03 Nov 2017
Series C $43.90M -
10 Mar 2017
Series B $8.35M -
17 May 2012
Series A $8.36M -
17 Dec 2009

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FAQ About Wave Computing

Helping companies accelerate artificial intelligence from the data center to the edge.
Wave Computing was founded in 2010.
Wave Computing is headquartered in San Jose, United States.
Wave Computing operates in AI, Analytics, Big Data and Machine Learning. Its work centres on Data Center, Edge Computing, Dataflow-based Chips and Performance Improvement.
Wave Computing has approximately 38 employees.
Wave Computing has completed 5 funding rounds, raising a total of $203.31M. The latest funding stage is Series E.
Top alternatives and competitors to Wave Computing include Passage AI, Black Sesame Technologies (Singapore) Pte Ltd, Nearthlab, Lemurian Labs, Lucid Circuit, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wave Computing and Passage AI 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.

Source: BounceWatch company record for Wave Computing, https://bouncewatch.com/company/wave-computing, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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