Wave Computing

Campbell, United States Founded: 2010 • Age: 16 yrs
Provides deep learning solutions powered by dataflow processing units.
Annual revenue - Latest available
Total funding $110.5M 7 rounds
Employees 75 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Wave Computing

Wave Computing is a company based in Campbell (United States) founded in 2010 by Pete Foley. It operates as a B2B. Wave Computing has raised $110.48 million across 7 funding rounds. The company has 75 employees as of December 31, 2022. Wave Computing has completed 1 acquisition, including MIPS Computer Systems. Wave Computing operates in a competitive market with competitors including Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others.

  • Headquarter Campbell, United States
  • Employees 75 as on 31 Dec, 2022
  • Founders Pete Foley
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wave Computing
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $110.48 M (USD)

    in 7 rounds

  • Latest Funding Round
    $86 M (USD), Series E

    Nov 29, 2018

  • Investors
  • Employee Count
    75

    as on Dec 31, 2022

  • Investments & Acquisitions
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Funding Insights of Wave Computing

Wave Computing has successfully raised a total of $110.48M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $86 million completed in November 2018. 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 7
  • Last Round Series E — $86.0M
  • First Round

    (07 Oct 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Series E - Wave Computing Valuation

investors

Feb, 2014 Amount Debt – Conventional - Wave Computing Valuation

investors

Feb, 2014 Amount Series A - Wave Computing Valuation

investors

Investments & Acquisitions by Wave Computing

Wave Computing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MIPS Computer Systems.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
RISC processor IP is licensed for embedded systems applications.
1984

Financial Statements - Wave Computing

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Competitors of Wave Computing

Wave Computing 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, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others.

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
Semiconductor solutions are provided for cellular and connectivity markets.
domain founded_year HQ Location
Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
domain founded_year HQ Location
3D-stacked photonic chips for AI computing are developed.
domain founded_year HQ Location
AI-enabled image processors are manufactured for ADAS and security applications.
domain founded_year HQ Location
Provider of AI and cloud-based vision processing units for video analytics applications

Latest news on Wave Computing

Frequently Asked Questions about Wave Computing

Wave Computing was founded in 2010.

Wave Computing is headquartered in Campbell, United States. It is registered at Campbell, California, United States.

Wave Computing is a funded company, having raised a total of $110.48M across 7 funding rounds to date. The company's 1st funding round was a Series A of $7.39M, raised on Oct 07, 2010.

As of Dec 31, 2022, the latest employee count at Wave Computing is 75.

Wave Computing, established in 2010 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, ai and machine learning, hardware solutions, and dataflow processing. Provides deep learning solutions powered by dataflow processing units. Adapting to market demands with innovation and client-focused strategies.

Wave Computing's top competitors include Lightmatter, Ambarella and Preferred Infrastructure.

Wave Computing has made 1 acquisition, including MIPS Computer Systems.

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