1/24/2019 5:03:55 PM
Hailo lands $21M so edge devices can have deep learning AI
Deep Learning,Edge Device AI
https://appdevelopermagazine.com/images/news_images/Hailo-8-21M-App-Deveoper-Magazine_r8r7kxr5.jpg
App Developer Magazine

Hailo lands $21M so edge devices can have deep learning AI



Richard Harris Richard Harris in Programming Thursday, January 24, 2019
11,765

Hailo - developers of a proprietary processing architecture for deep learning on edge devices, has expanded its Series A funding round to $21 million to enable the company to grow its target markets into China and Hong Kong, complementing its existing markets in Europe, North America, Japan and Korea.

Israeli startup Hailo has expanded its Series A funding round to $21 million, with Chinese venture capital firm, Glory Ventures, leading the investment-round expansion and was joined by existing and other new investors. The investment will enable the company to expand its target markets into China and Hong Kong, complementing its existing markets in Europe, North America, Japan, and Korea.

Hailo is also opening registration for the Hailo-8 Fast Track program to select customers and is offering these customers the opportunity to evaluate the initial samples of its high-performance, low-power, and small-size Hailo-8 deep learning processor. 

Program participants from various sectors will also be able to develop and prototype their own deep learning products based on the Hailo-8 processor.

Beyond the value it delivers to its strategic focus, the automotive market, Hailo's breakthrough processor technology serves deep learning applications in a wide range of other markets including surveillance, smart home, IoT and industrial, as well as robotics,  AR/VR platforms and wearables.

"The expansion of our Series A round and the addition of Glory Ventures to our investor roll boosts our ability to bring out innovative, powerful and resilient deep learning processors for edge devices, and helps us target the strategic markets of China and Hong Kong," said Orr Danon, Hailo CEO, and co-founder. “The upcoming samples of our Hailo-8 processor will help players in multiple markets overcome the daunting barriers of sufficiently low power consumption, size, and cost which currently prevent them from deploying intense deep learning capabilities in their edge products."

"We have been following the AI compute global landscape closely and found Hailo's technology to stand out" said Eric Yang, founding partner at Glory Ventures. "We are impressed with the Hailo team and their ability to execute. We look forward to continuing our relationship with them as AI becomes a 'must-have' technology in every camera-enabled device.”





475 Tax Deductions for Businesses and Self-Employed Individuals

Are you paying more taxes than you have to as a developer or freelancer? The IRS is certainly not going to tell you about a deduction you failed to take, and your accountant is not likely to take the time to ask you about every deduction you’re entitled to. As former IRS Commissioner Mark Everson admitted, “If you don’t claim it, you don’t get it.

A hands-on guide to mastering mobile forensics for iOS and Android

Get hands-on experience in performing simple to complex mobile forensics techniques Retrieve and analyze data stored not only on mobile devices but also through the cloud and other connected mediums A practical guide to leveraging the power of mobile forensics on popular mobile platforms with lots of tips, tricks, and caveats.

Gps tracker for kids

The Chirp GPS app is a top-ranked location sharing app available for Apple and Android that is super easy to use, and most of all, it's reliable.

The Latest Nerd Ranch Guide (3rd Edition) to Android Programming

Write and run code every step of the way, using Android Studio to create apps that integrate with other apps, download and display pictures from the web, play sounds, and more. Each chapter and app has been designed and tested to provide the knowledge and experience you need to get started in Android development.