Eta Compute

Westlake Village, United States Founded: 2015 • Age: 11 yrs
SoCs for edge computing and embedded systems are manufactured.
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About Eta Compute

Eta Compute is a company based in Westlake Village (United States) founded in 2015 by Gopal Raghavan and Tim Semones.. Eta Compute has raised $22.55 million across 4 funding rounds from investors including Synaptics, Walden International and Acorn Pacific Ventures. The company has 16 employees as of December 31, 2022. Eta Compute offers products and services including Aptos Edge MLOps and Talia™: People Aware Sensor. Eta Compute operates in a competitive market with competitors including Rambus, Ampere Computing, Espressif, InvenSense and Hailo, among others.

  • Headquarter Westlake Village, United States
  • Employees 16 as on 31 Dec, 2022
  • Founders Gopal Raghavan, Tim Semones
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eta Compute, Inc.
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Internet of Things (IoT) & Connectivity
Technology → Semiconductors, Electronics & Hardware
Technology → Cloud, Data & Analytics Infrastructure
Technology → Artificial Intelligence & Machine Learning
Technology → Semiconductors, Electronics & Hardware
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.55 M (USD)

    in 4 rounds

  • Latest Funding Round
    $12.5 M (USD), Series C

    Dec 15, 2020

  • Investors
    Synaptics

    & 3 more

  • Employee Count
    16

    as on Dec 31, 2022

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Products & Services of Eta Compute

Eta Compute offers a comprehensive portfolio of products and services, including Aptos Edge MLOps and Talia™: People Aware Sensor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

No-code platform for efficient ML model development and deployment on edge devices.

Hardware for people detection and awareness in low-power edge applications.

People of Eta Compute
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Min Chan
Principal Software Engineer
People
Mark Milligan
Head of Business Development & Marketing
People
Leon Bezdikian
VP, Human Resources
People
Evan Petridis
Chief Executive Officer

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Funding Insights of Eta Compute

Eta Compute has successfully raised a total of $22.55M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $12.5 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series C — $12.5M
  • First Round

    (26 Oct 2015)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Series C - Eta Compute Valuation Synaptics
Jan, 2018 Amount Series A - Eta Compute Valuation Walden International
Jun, 2016 Amount Seed - Eta Compute Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Eta Compute

Eta Compute has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Synaptics, Walden International and Acorn Pacific Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC firm investing globally in early & expansion stage companies
Founded Year Domain Location
Early-stage investments are made in technology-driven companies by Acorn Pacific Ventures.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Eta Compute

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Eta Compute

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Eta Compute Comparisons

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Competitors of Eta Compute

Eta Compute operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rambus, Ampere Computing, Espressif, InvenSense and Hailo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based silicon IP and chip solutions are developed and licensed.
domain founded_year HQ Location
Cloud-native processors are supplied for cloud computing and data centers.
domain founded_year HQ Location
Provides wireless SOCs for Wi-Fi and Bluetooth in IOT Applications
domain founded_year HQ Location
MotionTracking sensor system on chips with integrated motion and sound solutions
domain founded_year HQ Location
Provider of neural learning processors for edge AI applications
domain founded_year HQ Location
IoT-based energy harvesting solutions for enterprises are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Eta Compute

Frequently Asked Questions about Eta Compute

When was Eta Compute founded?

Eta Compute was founded in 2015.

Where is Eta Compute located?

Eta Compute is headquartered in Westlake Village, United States. It is registered at Westlake Village, California, United States.

Who is the current CEO of Eta Compute?

Gopal Raghavan is the current CEO of Eta Compute. They have also founded this company.

Is Eta Compute a funded company?

Eta Compute is a funded company, having raised a total of $22.55M across 4 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Oct 26, 2015.

How many employees does Eta Compute have?

As of Dec 31, 2022, the latest employee count at Eta Compute is 16.

What does Eta Compute do?

Eta Compute manufactures SoCs for edge computing and embedded systems. Its detailed product portfolio includes Socs for machine learning algorithms based on the ARM Cortex-M3 and NXP Coolflux DSP processors, and ASICs for speech recognition and keyword spotting applications, photoplethysmogram (PPG) sensors. The products of the company enable health monitoring, machine learning Speech Recognition, keyword-spotting, video, and image classification, clustering, sequence analysis, and sensor fusion. It has partnered with Arm, Alta Devices, IBM, NXP, Tensor Flow, Vesper, Edge Impulse, and IAR systems.

Who are the top competitors of Eta Compute?

Eta Compute's top competitors include Espressif, Ampere Computing and Rambus.

What products or services does Eta Compute offer?

Eta Compute offers Aptos Edge MLOps and Talia™: People Aware Sensor.

Who are Eta Compute's investors?

Eta Compute has 4 investors. Key investors include Synaptics, Walden International, Acorn Pacific Ventures, and Celesta.

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