Habana Labs
Latest round
- Series B
Last raised
- Nov 2018
Total raised
- $75M
Investors
- 4
About Habana Labs
Habana Labs Ltd.Founded in 2016 and headquartered in Tel Aviv-Yafo, Israel, Habana Labs Ltd. focuses on creating AI accelerators. In December 2019, the company was acquired by Intel Corporation for approximately USD 2 billion.The company specializes in high-performance AI compute solutions through its flagship Intel® Gaudi® product line, which includes the Gaudi, Gaudi 2, and Gaudi 3 AI accelerators. These products are designed to address the increasing demands of deep learning training and inference, specifically targeting enterprise applications in generative AI, autonomous driving, healthcare, fintech, and retail. The Gaudi accelerators provide significant performance and efficiency improvements, enabling enterprises and cloud providers to optimize their AI workloads while reducing costs and resource consumption. The Intel® Gaudi® software suite enhances the usability of these accelerators, allowing for seamless migration of existing GPU-based models and simplifying model development.The company generates revenue through direct sales of its AI accelerators and associated software solutions to enterprises, cloud providers, and developers. The transaction structure typically involves B2B agreements, where clients purchase the hardware and software packages to enhance their AI computing capabilities. As a part of their pricing model, clients may engage in volume-based licensing agreements that provide access to Intel® Gaudi® software updates and support, thereby ensuring optimal performance over time.Following its acquisition by Intel Corporation, which was finalized in December 2019, Habana Labs Ltd. plans to leverage its new resources to accelerate the development of upcoming products within the Gaudi product line. The company aims to expand its market presence in North America, Europe, and Asia, with targeted initiatives expected to roll out through the next few years.
Who invested in Habana Labs
4 investors across 1 round
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Funding rounds
Series B
Nov 15, 2018
Amount
$75M
Investors
Questions about Habana Labs
Who invested in Habana Labs?
Habana Labs has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Habana Labs raised?
Habana Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Habana Labs last raise money?
Habana Labs's most recent round on record is a Series B, in Nov 2018.
What does Habana Labs do?
Habana Labs is a semiconductors company.
Where is Habana Labs headquartered?
Habana Labs is headquartered in Tel Aviv-Yafo, Israel.
Which VCs invest in companies like Habana Labs?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back semiconductors companies at Habana Labs's stage. Their profiles are linked below.
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