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SiMa.ai
Machine learning for edge devices
- 101-200 employees
- B2B
- Manufacturing
- Internet of Things
- Computer Vision
- Machine Learning
- North San Jose, San Jose, CA
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Company mission
SiMa.ai's mission is to make ML effortless for everyone.
Our take
As computer vision and AI brings amazing new capabilities to previously mundane devices such as phones, security cameras and even doorbells, edge computing is equally becoming increasingly important. However, this comes at the cost of sharply increased computing costs. By the end the decade edge computing is projected to use up to 20% of global electricity output unless something changes.
SiMa.ai is rising to this challenge with a solution which allows for dramatically reduced power use on embedded edge devices, particularly focusing on the demands of computer vision. It manufactures a specialized machine learning processor chip which is paired to an edge computing platform which sits between deployed devices and the data center.
While it’s not the only company operating in this increasingly crowded field – EdgeQ, Hailo and Kneron are just a few competitors – its software first approach and custom chipset allows it to deliver 10 times the performance of rivals including heavyweight incumbent Nvidia, giving it a vital edge in the market.
This edge seems likely to be extended with the recent closing of a Series B funding round which has raised a significant amount of capital for the company. This will be used to further develop its products and platform and to grow its customer base. SiMa.ai is rapidly scaling its operations as developments in AI increase demand for its chip and platform, and going forward is well positioned to maintain its momentum in the computer vision space.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Have peace of mind for you and your family with comprehensive health, dental, and vision coverage
- Find inspiration away from work with generous personal and family time off, as well as paternity and maternity leave depending on your region.
- Take advantage of mentoring and cross-training opportunities to support learning and career growth, and get recognized for contributions with our quarterly peer-to-peer recognition program
- We spend 10 minutes everyday choosing between 500+ restaurant options – plus we have snacks. Spending time together and building friendships over company-paid meals and snacks is just plain fun
- Led by CEO Krishna Rangasayee and our leadership team, our monthly all-hands are an opportunity for company updates, strategy discussions, and employee recognition
- Ten of us meet with the CEO for a chat over coffee every week. No agenda. No question is off limits
- Hear from special guests and top industry leaders in our monthly virtual Fireside Chats. Learn from the best
- We work hard and play hard. We foster an atmosphere of inclusion and have monthly happy hours and various team building events because friends make great colleagues
Funding (last 2 of 6 rounds)
Apr 2024
$70m
LATE VC
Jun 2023
$13m
LATE VC
Total funding: $260m
Leadership
Krishna Rangasayee
(CEO)Before foudning SiMa.ai, was COO of Groq. They are also the previous EVP, SVP and GM of Xilinx.