DeepCube
Company

Last deal

$7M

Amount

Series A

Stage

22.09.2020

Date

2

all rounds

$7M

Total amount

date founded

Financing round

General

About Company
DeepCube is an IT company that offers a deep learning platform for autonomous decision-making.

Industry

Sector :

Subsector :

Keywords :

founded date

01.08.2017

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

DeepCube's proprietary platform generates neural networks with less processing power and memory on edge devices, improving the training and deployment of deep learning models. The company's technology is purpose-built for data centers and intelligent edge devices, and can be deployed on top of any existing hardware, resulting in significant speed improvement and memory reduction. DeepCube has patented several innovations, including faster and more accurate training of deep learning models, and improved inference performance. The company was founded in 2017 and is based in Tel Aviv, Israel.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Nano Dimension

announced date

20.04.2021

price

$70M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$7M

Money Raised

Their latest funding was raised on 22.09.2020. Their latest investor Awz Ventures. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
22.09.2020
3
$7M
01.01.2019
1
Awz Ventures

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Subsector

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count Of Investments

22

count Of Exists

1
Co-Investors
Investors
3
0

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Number of investors

Investor 
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Round 
Partners 
No
Venture - Series Unknown
No
Series A
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Eli Groner

Eli Groner

Eli Groner is currently serving as Prime Minister Netanyahu's Director-General, a position he assumed after being confirmed by the Israeli Cabinet in June 2015. The Director-General manages Israel's federal bureaucracy, and is responsible for formulation and implementation of most domestic policy decisions. Among other responsibilities, Mr. Groner is the Israeli head of the China-Israel Joint Economic Task Force, oversees the National Cyber Bureau, and was designated by the government to lead Israel's National Intelligent Mobility Initiative Prior to assuming his role as Director-General, Mr. Groner served as the economic attaché to Washington, a position also requiring Cabinet confirmation. His time in the public sector was preceded by two years at Tnuva and six years as a consultant at McKinsey & Company. Mr. Groner graduated from Bar-Ilan University in Ramat Gan, Israel, and has an MBA from New York University. He lives in Elazar, Israel, with his wife Tamar and their five children.

current job

Prime Minister's Office, Israel

People

Founders
2
Yaron Eitan
Yaron Eitan

Yaron Eitan

Yaron Eitan is Co-Founder and Chairman of DeepCube.

current job

Nano Dimension
Nano Dimension

Yaron Eitan

Eli David
Eli David

Eli David

Eli David CTO Deep Instinct is the first company to apply deep learning to cybersecurity. Existing solutions are limited in their protection: identifying only known threats or covering specific platforms, while exhibiting detection capabilities that are time consuming and far from optimal. As a result, there is a critical need for a new solution that can protect against brand new (zero-day) threats and sophisticated APT attacks in real-time. By applying deep learning, Deep Instinct brings a completely new approach to cybersecurity, offering the same level of groundbreaking results that are exhibited when deep learning is applied to other domains such as computer vision. Dr. Eli David is one of the leading global experts in the field of computational intelligence, specializing in deep learning (neural networks) and evolutionary computation. He has published more than thirty papers in leading artificial intelligence journals and conferences, mostly focusing on applications of deep learning and genetic algorithms in various real-world domains. For the past ten years, he has been teaching courses on deep learning and evolutionary computation at Bar-Ilan University, in addition to supervising the research of graduate students in these fields. Dr. David has also served in numerous capacities successfully designing, implementing, and leading deep learning based projects in real-world environments. Dr. David is the developer of Falcon, a grandmaster-level chess playing program, which automatically learns by processing datasets of chess games. The program reached the second place in World Computer Speed Chess Championship 2008 relying solely on machine learning for its performance. Dr. David received the Best Paper Award in 2008 Genetic and Evolutionary Computation Conference, the Gold Award in the prestigious "Humies" Awards for Human-Competitive Results in 2014, and recently the Best Paper Award in 2016 International Conference on Artificial Neural Networks.

current job

Nano Dimension
Nano Dimension

organization founded

2

Eli David

Employee Profiles
3

Eri Rubin

VP Research & Development

Yaron Eitan

Yaron Eitan

Co-Founder, CEO & Chairman

Eli David

Eli David

CTO and Co-Founder

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