HomeFinTechEta Compute: Raises $12.5M in Series C Funding

Eta Compute: Raises $12.5M in Series C Funding

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  • Eta Compute Inc. closed its $12.5m Series C funding, bringing total funds raised to $31.9m
  • The round led by Synaptics Incorporated with participation from existing investors
  • In conjunction with the funding, Satish Ganesan, Chief Strategy Officer at Synaptics, will join the Eta Compute Board of Directors
  • The company intends to use the funds to expand its available market, grow design wins and accelerate the introduction of new modules and software
  • The company also announced a co-development and co-marketing partnership with Synaptics
  • Earlier this year, Eta Compute introduced TENSAI®, an energy-efficient endpoint AI platform, consisting of the ECM3532 neural sensor processor
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