San Diego, CA – According to filings with the U.S. Securities and Exchange Commission, Kneron is raising $48,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Albert Liu 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 Kneron
Kneron, a leading provider of edge AI solutions, was founded in 2015 at San Diego, US. It is dedicated to design and development of integrated software and hardware edge AI solutions. Barely two years old, Kneron already has partners and customers around the world, and has provided customized solutions for home appliances, surveillance systems, and smartphones to several international companies. Kneron announced the completion of series A financing at over ten million US dollars on November, 2017. Alibaba Entrepreneurs Fund and CDIB Capital Group are the lead investors, and Himax Technologies, Inc., Qualcomm, Thundersoft, Sequoia Capital (its sub funds: Cloudatlas), and CY ZONE are co-investors. Kneron are cooperating with its strategic partners to promote the edge AI technologies and speed up the popularity of AI applications.

To learn more about Kneron, visit http://www.kneron.com/

Contact:
Albert Liu, Chief Executive Officer
858-264-9183

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