TAIPEI, Taiwan, Nov. 15, 2017 /PRNewswire/ -- Kneron, an
artificial intelligence (AI) startup company, today announced the
completion of series A financing at over ten
million US dollars. Alibaba Entrepreneurs Fund and CDIB
Capital Group are the lead investors, and Himax Technologies, Inc.
(Nasdaq: HIMX), Qualcomm, Thundersoft, Sequoia Capital, and
CY ZONE are co-investors. As a
technology leader of edge AI solutions, Kneron will increase its
internal resource to accelerate the integration and development of
its solutions, while cooperating with its strategic partners to
promote the edge AI technologies and speed up the popularity of AI
applications.
Kneron offers innovative solutions by moving part of the AI
computing power from cloud to edge devices, which differentiates
itself from traditional cloud-based AI solution providers. Kneron's
edge AI solutions are able to do real-time recognition, inference,
and analysis with no need to connect to the cloud. Thus, the
solutions are faster, more reliable and secure, while reducing
significantly cost and the cloud burden.
"Edge AI is the key to the popularity of AI applications, and
the effective combination between edge AI and cloud AI will be a
trend," said Albert Liu, Kneron CEO.
"Kneron's AI solutions, which integrate hardware and software
technologies, have been recognized by many customers. We will
continue to develop critical
AI technologies, deepen the AI
applications in diversified fields, and work together with our
partners to create a new era of AI."
Kneron released in 2016 its first ASIC (Application-specific
integrated circuit) chip for AI, Neural Processing Unit (NPU), and
its SDK, Reconfigurable Artificial Neural Network, which adopts
advanced algorithm to enable quick implementation of different AI
applications. Due to the effective integration of software and
hardware, the size of Kneron's NPU is only 1/40 compared to the
traditional AI chips with better performance and lower power
consumption. Currently, Kneron has provided customized solutions
for home appliances, surveillance, and smart phones to several
international companies.
Kneron has earned recognition for its innovative technologies
and development potential. Kneron participated in Qualcomm Sequoia
Frontier Tech Startup Competition 2017, held by Qualcomm, Sequoia
Frontier Tech Startup, and Cyzone jointly, and won the first place
in the finals with DEMO GOD Award.
About Kneron
Kneron, established in San
Diego in 2015, is a leading provider of edge AI solutions.
It is dedicated to design and development of integrated software
and hardware edge AI solutions for smart home, smart surveillance,
smart phone, robot, drone, and IoT devices. For more information
about Kneron, please visit: http://www.kneron.com/.
Media Contact:
Kneron
Sue Liu
Sue.liu@kneron.us
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SOURCE Kneron