About NextSilicon
NextSilicon is a company based in Tel Aviv (Israel) founded in 2017 by Elad Raz. NextSilicon has raised $120 million across 2 funding rounds from investors including Third Point Ventures, Aleph and Yuval Ariav. NextSilicon offers products and services including Maverick-2 ICA and Developer Toolchain. NextSilicon operates in a competitive market with competitors including Groq, LightOn, SambaNova Systems, Morphing Machines and Tachyum, among others.
- Headquarter Tel Aviv, Israel
- Founders Elad Raz
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Next Silicon Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 M (USD)
in 2 rounds
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Latest Funding Round
$120 M (USD), Series C
Jun 06, 2021
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Investors
Third Point Ventures
& 5 more
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Employee Count
Not available
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Products & Services of NextSilicon
NextSilicon offers a comprehensive portfolio of products and services, including Maverick-2 ICA and Developer Toolchain.
Adaptive architecture for optimizing HPC and AI workloads efficiently.
Supports programming languages for seamless HPC application development.
People of NextSilicon
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Funding Insights of NextSilicon
NextSilicon has successfully raised a total of $120M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in June 2021. 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.
Investors in NextSilicon
NextSilicon has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Third Point Ventures, Aleph and Yuval Ariav.
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Corporate-backed venture capital is focused on fintech and multiple sectors.
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Early-stage tech investments in Israel are focused on by Aleph.
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Tech startups are funded by Amiti venture capital firm.
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Investor details for NextSilicon
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Investments & Acquisitions by NextSilicon
Investment portfolio details for NextSilicon
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Financial Statements - NextSilicon
Detailed financials for NextSilicon
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Nextsilicon Comparisons
Peer comparison for NextSilicon
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Competitors of NextSilicon
NextSilicon 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 Groq, LightOn, SambaNova Systems, Morphing Machines and Tachyum, among others.
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AI inference platforms and on-premise clusters are provided.
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Optical processors are provided for machine learning computations.
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AI-powered software and hardware provided for enterprises and governments.
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Runtime reconfigurable embedded processors for high-performance computing are developed.
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Provider of HPC processors
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Detailed competitors of NextSilicon
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Latest news on Nextsilicon
Complete news archive for NextSilicon
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Frequently Asked Questions about NextSilicon
NextSilicon was founded in 2017 and raised its 1st funding round 3 years after it was founded.
NextSilicon is headquartered in Tel Aviv, Israel.
Elad Raz is the current CEO of NextSilicon. They have also founded this company.
NextSilicon is a funded company, having raised a total of $120M across 2 funding rounds to date.
Developer of intelligent compute architecture and software-defined hardware acceleration solutions. It offers technology designed to deliver performance and efficiency for high-performance computing, artificial intelligence, and vector database applications. The companys architecture adapts and reconfigures hardware to meet specific workload needs, providing workload-specific performance with the flexibility to adapt to future demands. It also provides a developer toolchain that supports languages, such as CC, FORTRAN, OpenMP, and Kokkos, eliminating the need for domain-specific languages and application porting.
NextSilicon's top competitors include LightOn, Morphing Machines and SambaNova Systems.
NextSilicon offers Maverick-2 ICA and Developer Toolchain.
NextSilicon has 6 investors. Key investors include Third Point Ventures, Aleph, Yuval Ariav, Liberty Venture Partners, and Amiti.