Wednesday, May 3, 2017

Bitfusion Raises $5M

Austin-based Bitfusion, a developer of software for managing specialized GPUs, FPGAs, and other hardware for elastic artificial intelligence (AI) applications, has raised $5M in a Series A funding. The funding was led by Vanedge Capital, and also included Sierra Ventures, Data Collective, Resonant VC, and Geekdom. The company said its software, Bitfusion Flex, helps manage elastic AI infrastructure to make development and deployment of deep learning applications faster and more economical More information »