DualBird raises $25M for its custom-chip-powered data processing platform
PositiveArtificial Intelligence

DualBird Inc. has successfully raised $25 million in funding, a significant boost for its innovative platform that utilizes customizable field-programmable gate arrays to enhance data processing workloads. The investment, led by Lightspeed Venture Partners and supported by Bessemer Venture Partners, Angular Ventures, and Uncork Capital, underscores the increasing demand for efficient data processing solutions in a data-driven world. With this funding, DualBird aims to expedite its go-to-market strategy, positioning itself to capitalize on the burgeoning market for advanced data processing technologies.
— via World Pulse Now AI Editorial System