Deep Vision raises $35 million led by Tiger Global

CHENNAI: Deep Vision Inc, the developers of an AI processor and comprehensive software development suite for edge computing applications, has raised $35 million in an oversubscribed Series B financing round, led by Tiger Global.

Tiger Global is joined by Series A investors Exfinity Venture Partners, SiliconMotion, and Western Digital, which are also rejoining in the latest round of financing.

Deep Vision said the proceeds will help it expand the capabilities of its AI processor and software tools and support its rapidly growing customer base.

Deep Vision’s patented AI processor, named ARA-1, is used in camera-based applications like smart retail, driver-monitoring systems, smart city, drones and factory automation.