Neuralmagic

SoftwareSeries ASomerville, USneuralmagic.com

Latest round

Series A

Last raised

Oct 2021

Total raised

$44M

Investors

6

About Neuralmagic

Neuralmagic, Inc.Founded in 2018 and headquartered in Somerville, US, Neuralmagic, Inc. focuses on enhancing AI model efficiency through innovative software solutions. and Andreessen Horowitz.Neuralmagic specializes in providing advanced products aimed at optimizing the performance and efficiency of artificial intelligence models, particularly large language models (LLMs). The company’s core offerings include the nm-vllm enterprise inference server, designed for LLMs running on GPUs, and DeepSparse, a sparsity-aware inference server optimized for LLMs, computer vision (CV), and natural language processing (NLP) models on CPU infrastructure. Additionally, Neuralmagic Compress caters to enterprises seeking to build and deploy efficient generative AI models through a developer subscription model.Neuralmagic operates a subscription-based revenue model, where clients engage in partnerships for deploying tailored inference solutions. Businesses subscribe to products like nm-vllm and DeepSparse, accessing advanced capabilities for AI model inference and optimization., a portfolio company of Grumman Hill Group, agreed to acquire Neuralmagic, Inc. This acquisition enables RedHat Inc. to enhance its capability to support LLM deployments by integrating Neuralmagic’s enterprise-grade inference stack solutions.

Who invested in Neuralmagic

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Oct 5, 2021

    Amount

    $29M

    Investors

    Locked

  2. Seed

    Nov 6, 2019

    Amount

    $15M

    Investors

    Locked

Questions about Neuralmagic

Who invested in Neuralmagic?

Neuralmagic has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Neuralmagic raised?

Neuralmagic has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Neuralmagic last raise money?

Neuralmagic's most recent round on record is a Series A, in Oct 2021.

What does Neuralmagic do?

Neuralmagic is a software company.

Where is Neuralmagic headquartered?

Neuralmagic is headquartered in Somerville, US.

Which VCs invest in companies like Neuralmagic?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Neuralmagic's stage. Their profiles are linked below.

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