SiMa.ai

SiMa.ai

No-code platform for edge ML development

About SiMa.ai

Simplify's Rating
Why SiMa.ai is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$252.9M

Headquarters

San Jose, California

Founded

2018

Overview

SiMa.ai focuses on simplifying machine learning application development through a no-code, drag-and-drop programming environment. This platform allows users to visually create and deploy machine learning solutions without needing to write code, making it accessible to a broader audience. The core of SiMa.ai's offering is its MLSoC (Machine Learning System on Chip), a specialized chip designed for machine learning tasks in edge computing. This approach minimizes latency and enhances processing speed by handling data close to its source. SiMa.ai differentiates itself from competitors by combining its unique silicon with an easy-to-use development platform, catering to both individual developers and businesses. The company's goal is to democratize access to machine learning and accelerate AI innovation at the edge, supported by a developer portal, expert consultation services, and a partner program.

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Funded Recently
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Simplify's Take

What believers are saying

  • Growing demand for no-code platforms supports SiMa.ai's market position.
  • Edge computing market growth aligns with SiMa.ai's focus on edge ML solutions.
  • Automotive industry's shift to AI-driven solutions benefits SiMa.ai's partnerships.

What critics are saying

  • Ubitium's universal processor architecture poses a competitive threat to SiMa.ai's MLSoC.
  • Established players like Nvidia challenge SiMa.ai's automotive edge AI solutions.
  • Regulatory hurdles in autonomous vehicles may impact SiMa.ai's partnership with Maini Group.

What makes SiMa.ai unique

  • SiMa.ai offers a no-code, drag-and-drop ML development platform for edge computing.
  • Their MLSoC silicon is specifically designed for machine learning tasks at the edge.
  • SiMa.ai's Palette Edgematic is available on AWS Marketplace, enhancing accessibility.

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Funding

Total Funding

$252.9M

Above

Industry Average

Funded Over

3 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

8%
CXO Today
Dec 26th, 2024
SiMa.ai Appoints Satish Mohanram as Sr. Director, India Sales and Site GM in India

SiMa.ai, a machine learning company delivering solutions for the embedded edge, today announced the appointment of Satish Mohanram as Senior Director, India Sales and Site GM.

CXO Today
Dec 20th, 2024
Synopsys and SiMa.ai Announce Strategic Collaboration to Accelerate Development of Automotive Edge AI Solutions

Synopsys and SiMa.ai announce strategic collaboration to accelerate development of automotive Edge AI solutions.

The Fast Mode
Dec 18th, 2024
Synopsys, SiMa.ai Collaborate on Edge AI Solutions for Next-Gen Automobiles

Synopsys and SiMa.ai announced a strategic collaboration to jointly deliver a new solution for automotive companies to accelerate the development of workload-specific silicon and software needed to power artificial intelligence-enabled features in next-generation automobiles.

VentureBeat
Nov 21st, 2024
Ubitium Tackles Edge Ai And More With New Universal Processor

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. As enterprises continue to explore different ways to optimize how they handle different workloads in the data center and at the edge, a new startup, Ubitium, has emerged from stealth with an interesting, cost-saving computing approach: universal processing.Led by semiconductor industry veterans, the startup has developed a microprocessor architecture that consolidates all processing tasks – be it for AI inferencing or general-purpose tasks – into a single versatile chip. This, Ubitium says, has the potential to transform how enterprises approach computing, saving them the hassle of relying on different types of processors and processor cores for different specialized workloads. It also announced $3.7 million in funding from multiple venture capital firms.Ubitium said it is currently focused on developing universal chips that could optimize computing for edge or embedded devices, helping enterprises cut down deployment costs by a factor of up to 100x. However, it emphasized that the architecture is highly scalable and can also be used for data centers in the future.It is going up against some established names in the edge AI compute space such as Nvidia with its Jetson line of chips and Sima.AI with its Modalix family, showing how the race to create AI-specific processors is moving down funnel from large datacenters to more discrete devices and workloads

University of Barcelona
Nov 16th, 2024
SiMa.ai Introduces Palette(TM) SDK 1.3 for Enhanced ML Development

With the release of Palette 1.3, SiMa.ai has enhanced its C++ APIs, making it easier to integrate the MLSoC platform into existing C++ applications.

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