Nov. 29, 2018
Wave Computing, the Silicon Valley company that is accelerating artificial intelligence (AI) from the cloud to the edge, today announced the successful close of its Series E funding round at $86 million, bringing total investment in Wave to over $200 million. Led by the Los Angeles-based office of Oakmont Corporation and supported by existing investors, proceeds from the round will be used to fuel Wave’s worldwide growth and evolution of company’s structure in support of its strategic and commercial scale out plans for 2019 and beyond.
June, 15, 2018
Wave Computing, the Silicon Valley company that is revolutionizing artificial intelligence (AI) and deep learning with its dataflow-based solutions, today announced that it has acquired MIPS Tech, Inc. (formerly MIPS Technologies), a global leader in RISC processor Intellectual Property (IP) and licensable CPU cores. The acquisition will accelerate Wave’s strategy of offering AI acceleration from the Datacenter to the Edge of Cloud by extending the company’s products beyond AI systems to now also include AI-enabled embedded solutions.
May 15, 2018
Mocana Corporation, the leading provider of mission-critical IoT security solutions for industrial control systems and the Internet of Things (IoT), today announced that it is partnering with Verizon to simplify IoT security by integrating Mocana’s endpoint security software solution, Mocana TrustPoint™, with Verizon’s ThingSpace, a platform for IoT device connectivity, management, security, and analytics. Mocana TrustPoint™, the company’s flagship IoT endpoint security solution, provides compliant security that protects more than 100 million mission-critical devices for the industry’s largest industrial and IoT manufacturers. Combining Mocana TrustPoint™ with Verizon’s deep network security and managed security offerings simplifies the management of the IoT security lifecycle to improve supply chain integrity.