Dell Technologies Capital returned for a series B round in which the machine learning technology developer hiked its overall funding to $120m.
SiMa.ai, a US-based developer of low-power edge computing technology, has raised $80m in series B financing from investors including computing equipment producer Dell’s corporate venturing unit, Dell Technologies Capital.
Investment and financial services group Fidelity Management & Research led the round, which was also backed by Adage Capital Management, Amplify Partners, Wing Venture Capital, Alter Venture Partners and +ND Capital.
Founded in 2018, SiMa has built a system-on-chip platform for machine learning chips and will channel the series B proceeds…
