Recogni

Recogni

Data storage and communication services provider

About Recogni

Simplify's Rating
Why Recogni is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series C

Total Funding

$171.1M

Headquarters

San Jose, California

Founded

2017

Overview

Recogni provides essential services for data storage and communication, focusing on the needs of businesses and organizations. Their services ensure reliable and secure data transmission, which is crucial for the smooth operation of electronic communications networks. Recogni stores user preferences to enhance user experience and personalize content, while also utilizing stored data for anonymous statistical analysis. This helps clients understand trends and make informed decisions based on data-driven insights. Unlike many competitors, Recogni emphasizes user privacy and data protection, ensuring that all data is used solely for legitimate purposes. The company's goal is to support businesses in managing their data effectively while maintaining a strong commitment to privacy.

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Simplify's Take

What believers are saying

  • Juniper Networks' $102M investment boosts Recogni's AI inference capabilities and strategic partnerships.
  • Kevin Johnson's board appointment offers strategic insights and networking for market expansion.
  • Growing demand for energy-efficient AI solutions aligns with Recogni's chip design focus.

What critics are saying

  • Competition from NVIDIA and Intel threatens Recogni's market share in AI inference.
  • Rapid AI advancements risk making Recogni's solutions obsolete without continuous innovation.
  • Potential regulatory scrutiny over data privacy and AI ethics could impact operations.

What makes Recogni unique

  • Recogni develops AI inference solutions focusing on high compute, low power, and scalability.
  • The company introduced Pareto AI Math, enhancing efficiency in Generative AI models.
  • Recogni's AI chips are designed to be smaller, faster, and more cost-effective.

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Funding

Total Funding

$171.1M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$102M
Recogni

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

1%
Techerati
Nov 14th, 2024
Juniper Networks invests £80.4M in AI inference company Recogni

Artificial intelligence (AI) Native Networking company, Juniper Networks, has invested £80.4 million ($102 million) in AI inference company, Recogni, to advance AI inference capabilities.

PR Newswire
Nov 12th, 2024
Juniper Networks and Recogni Announce Venture Funding and Collaboration for High Performance, Energy-Efficient and Cost-Effective Multimodal Generative AI Inference Systems

/PRNewswire/ -- Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, and Recogni, the Generative AI Inference company, have jointly...

EE News Europe
Nov 12th, 2024
Recogni's $102M AI Funding with Juniper

Recogni has secured $102 million in a Series C funding round, with participation from Juniper Networks. The collaboration aims to enhance AI inference compute for hyperscalers and enterprises, focusing on energy efficiency and performance. Juniper's CEO, Rami Rahim, highlighted the importance of cost-effectiveness and power efficiency in AI innovation. Recogni's CEO, Marc Bolitho, emphasized the potential for running large models with unprecedented speed and accuracy.

Data Center Dynamics
Sep 30th, 2024
Recogni second generation chips to focus on data center AI inference

Edge AI startup Recogni has announced plans to develop data center AI inference chips.

Tech Startups
Aug 20th, 2024
AI startup Recogni unveils new computing method to reduce AI energy consumption and cut costs

Today, Recogni introduced a new computing method designed to make its AI training and inference chips smaller, faster, and more cost-effective.

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