# Falcon Computing Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/falcon-computing-solutions

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.falcon-computing.com
- Total disclosed funding: $8M
- Latest round: Series B (May 8, 2017)
- Investors on record: 5

## About

Falcon Computing Solutions, Inc. delivers advanced FPGA acceleration solutions for compute-intensive applications, enhancing performance and power efficiency through innovative software tools.Founded in 2014 in Santa Clara, US, Falcon Computing Solutions provides innovative FPGA acceleration solutions. The company has undergone significant growth since its inception and has completed a total of 3 deals. In December 2020, Falcon was acquired by Xilinx, Inc. The founders, Jason Cong, Peng Zhang, and Rémi PAREDES, established the firm with a vision for optimizing computational performance. Peichen Pan currently serves as CEO. The company secured a total funding of USD 8.00 mn, primarily from its latest funding round, Series B, led by Intel Capital with participation from Baidu Ventures, Clear Ventures, SV Tech Ventures, and Sierra Ventures.Falcon Computing specializes in providing advanced FPGA acceleration solutions tailored for compute-intensive applications. Their primary offerings include the Merlin Compiler and Kestrel Runtime, which facilitate a push-button implementation of C/C++ code to FPGA, allowing for optimized design, data transfer, and reuse. These technologies enhance performance and power efficiency, achieving significant speed improvements across applications such as genomics (notably an 8-10x speedup of the GATK pipeline), real-time fraud detection, derivatives pricing, and energy-efficient computer vision. Falcon's clientele encompasses large-scale data centers and organizations within finance, networking, and autonomous driving, with deployments primarily in North America, Europe, and parts of Asia.Falcon Computing's revenue model is built around the sale of its proprietary software solutions, focusing on B2B transactions with enterprise clients. The company generates income through direct licensing agreements for its flagship products, the Merlin Compiler and Kestrel Runtime, along with potential subscription-based services for ongoing support and updates. These transactions typically involve negotiated contracts that ensure tailored solutions for specific client needs, particularly in high-demand sectors such as finance and genomics. The pricing structure varies according to the scope and scale of the deployment, reflecting the level of customization and the specific performance requirements of the client. As Falcon continues to expand its market presence, it is poised to foster deeper partnerships that can enhance its revenue streams further.Falcon Computing Solutions is focused on developing new products aimed at further enhancing its FPGA solutions, although specific release dates have not been disclosed. The company plans to explore expansion into new markets, particularly in Asia and Europe, by 2023. The recent funding round, completed in December 2020, totaling USD 8.00 mn, will support these initiatives, including the potential development of additional software tools and enhancing research and development capabilities.

## Funding rounds

- Series B, May 8, 2017, $8M — Sierra Ventures, Intel Capital, SV Tech Ventures, Clear Ventures, Baidu Ventures
- Series A, Jun 1, 2015 — Clear Ventures, Baidu Ventures

## Investors

- Clear Ventures (https://capitalatlas.ai/funds/clear-ventures) — Series A, Series B
- Baidu Ventures (https://capitalatlas.ai/funds/baidu-ventures) — Series A, Series B
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- SV Tech Ventures (https://capitalatlas.ai/funds/sv-tech-ventures) — Series B