The company said the money will be used to expand video analytics and natural language processing capabilities at the edge.
Tiger Global was joined in the funding round by Series A investors Exfinity Venture Partners, SiliconMotion, and Western Digital.
Deep Vision is developing an AI processor named ARA-1 intended for camera-based applications such as smart retail, driver monitoring, drones and factory automation. In addition to real-time video analytics the processor can perform natural language processing (NLP) tasks in voice-controlled applications. Deep Vision complements its hardware with development tools that allow customers to convert neural network models into computation graphs suitable for deployment on the ARA-1 chip.
"We expect 1.9 billion edge devices to ship with deep learning accelerators in 2025," said Linley Gwennap, principal analyst of The Linley Group, in a statement issued by Deep Vision.
The company was started in 2014 based on research done by the founders while at Stanford University.
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