Tiger Global leads $35 mn funding in AI semiconductor company Deep Vision

Deep Vision Inc, the developer of an AI processor and comprehensive software development suite for edge computing applications, has received $35 million in a Series B financing round, led by Tiger Global. When combined with its existing revenue streams, the funding proceeds will help Deep Vision expand the capabilities of its AI processor and software tools and support its rapidly growing customer base.

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.

“We will now be able to significantly fortify our efforts to continue designing and building the world’s most power- and price-efficient AI inference platform as well as flawless software development tools,” said Ravi Annavajjhala, Deep Vision’s chief executive officer.