Irvine, CA – According to filings with the U.S. Securities and Exchange Commission, Syntiant is raising $54,999,857.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Kurt Busch played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Syntiant
Syntiant Corp, headquartered in Irvine, CA, is pushing cutting-edge machine learning from the cloud to edge devices. Utilizing breakthrough neuromorphic computing technology, intelligent devices are free of cloud connectivity enabling ubiquitous machine intelligence that is always on while consuming ultra low power. Syntiants Neural Decision Processors (NDP) perform large-scale neural network inference while consuming up to 1000x lower power than traditional CPU, GPU and DSP solution. The NDP is broadly applicable and uniquely suited for always-on battery and energy harvested applications from mobile phones and wearable devices to smart sensors and drones, and most things in-between.

To learn more about Syntiant, visit http://syntiant.com/

Contact:
Kurt Busch, President and Chief Executive Officer
949-774-4887
kurt@syntiant.com
https://www.linkedin.com/in/kfbusch/

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