Recogni Secures $102M in Series C Funding to Revolutionize AI Inference Solutions
Recogni is at the forefront of AI-based computing, focusing on inference processing solutions that cater to the needs of generative AI and intelligent autonomous platforms.
Company Name: Recogni
Location: San Jose, CA
Sector: AI-based Computing
Funding Details: Raised $102M in Series C funding, led by Celesta Capital and GreatPoint Ventures. Existing investors include Mayfield, DNS Capital, BMW i Ventures, and SW Mobility Fund, with new investors Pledge Ventures, Tasaru Mobility Investments, and debt provided by HSBC Innovation Banking.
Purpose of Investment: To advance system development for AI inference solutions, focusing on performance, efficiency, and minimizing total cost of ownership.
Leadership: CEO Marc Bolitho
Product: Recogni develops AI-based inference processing solutions, including Recogni Scorpio, a low-power AI compute product offering 1 Peta-Flop inference solution for various applications. Designed for generative AI and intelligent autonomous platforms, these solutions aim for high compute capabilities with low power consumption and scalability.
About Company: Recogni is at the forefront of AI-based computing, focusing on inference processing solutions that cater to the needs of generative AI and intelligent autonomous platforms. With an emphasis on performance and efficiency, Recogni's technology supports the development of next-generation AI applications.