Today News Journal
    What's Hot

    Advantages Of Opting Static Caravans

    March 25, 2023

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Today News Journal
    Contact Us
    • Home
    • Trending
    • Business
    • Health
    • Technology
      • Automobile
      • Gadgets
      • Mobiles
      • Robotics
    • Lifestyle
      • Culture
    • Sports
    • Travel
    • Editorials
    • News
      • Politics
    Today News Journal
    Home » Business » AI optimization technology startup Nota raises $14.7M USD series B with recognition from global enterprises for its technology
    Business

    AI optimization technology startup Nota raises $14.7M USD series B with recognition from global enterprises for its technology

    Nick WilsionBy Nick WilsionDecember 1, 2021No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Nota, an AI optimization platform startup, has acquired series B funding amounting to USD 14.7M that is announcing today.

    The series B funding was finalized last month, a year after the series A funding of USD 6.7M. The series B funding round joined by Stonebridge Ventures, LB Investment, DS Asset, Intervest, and Company K Partners. Nota has raised a total of $23M.

    Nota is a tech startup that focuses on optimizing AI models with its main platform solution called NetsPresso and develops diverse edge AI solutions including intelligent transportation system, facial recognition-based access control, and low-powered driver monitoring solution in a vehicle.

    Nota’s NetsPresso is its proprietary hardware-aware AutoML platform that automates AI model development process only with datasets. NetsPresso significantly reduces time and resources that are required to develop an AI model and optimize the model for a target hardware by automating the process. The platform solution has been validated by numerous enterprises and is in Beta test before launching.

    In addition, Nota announces that it has released a beta version of NetsPresso’s Compression Toolkit module separately to assist deep learning engineers to implement various AI model compression techniques to optimize AI models better and faster with its GUI.

    Nota’s differentiated technology is also recognized as its solutions are selected as Nvidia’s success case and Arm’s AI case study.  Based on its core technology, Nota provides NetsPresso and optimized AI solutions to enterprises in domestic and global B2B market.

    An investor from Stonebridge Ventures said, “As the size of high-performance AI models such as GPT-3 is rapidly growing and most AI models are too big for edge devices to handle, the importance of AI model optimization is growing more than ever. We expect that Nota will be able to lead the global MLOps market not only with its optimization software, but also with its hardware-aware AutoML solution, the first of its kind in the industry.

    DS Asset commented, “Nota has proven their business potential and ability to compete in the global market based on their partnership with global server and edge market leaders, Nvidia and Arm. We believe their solutions will reach higher levels of performance with the growing pool of R&D professionals as well.

    Nota plans to expand its global business and enhance its AI optimization technology. The startup also intends to fortify its R&D team by recruiting more top-tier talents.

    Myungsu Chae, CEO of Nota, comments, “The series B funding enables us to go head on with the enhancement of our optimized AI solutions. This will be a step-up opportunity for us to reach a more diverse range of industries with our technology which has already gained validation from top-tier enterprises.

    Nota will exhibit at CES 2022 to highlight its AI optimization platform, NetsPresso and on-device ITS and DMS solutions.

    Nota Homepage: https://nota.ai

    Source: Nota

    Related posts:

    1. Botify Raises $55 Million In Series C Funding To Help Brands Unlock Revenue Growth Through Organic Search
    2. New Exciting Global Locations For Residency Or Citizenship Offered By Get Golden Visa
    3. Josip Heit: When Fear Of Inflation Drives Inflation, It’s Time To Act
    4. Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticlePepperstone Group is pleased to announce their pledge to be Carbon Neutral by FY23
    Next Article Saudi Arabia’s first-ever Future Minerals Summit to showcase to the world the mining investment potential of countries across the Middle East, Central Asia
    Nick Wilsion
    • Website

    Related Posts

    The Future Of Paper Bags: Trends And Innovations

    February 20, 2023

    The Social Benefits of Cycle Stands

    February 18, 2023

    Is Loughton A Good Choice For Raising A Family?

    January 31, 2023

    A Brief Introduction To Local SEO Citation

    April 28, 2022

    Leave A Reply Cancel Reply

    Search
    Categories
    • Automobile
    • Business
    • Coronavirus
    • Culture
    • Editorials
    • Finance
    • Gadgets
    • Health
    • Lifestyle
    • Mobiles
    • Money
    • News
    • Politics
    • Sports
    • Technology
    • Travel
    • Trending
    • World
    Latest Posts

    Advantages Of Opting Static Caravans

    March 25, 2023

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023
    • Facebook
    • Twitter
    Don't Miss
    Travel

    Advantages Of Opting Static Caravans

    By James MartinMarch 25, 20230

    If you’ve ever wanted your private hideaway in a beautiful seaside setting, a static trailer…

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023
    • Facebook
    • Twitter
    About Us

    Hello friends, I am James Martin. Welcome to my blog todaynewsjournal.com. We are a team of experienced journalists who are passionate about delivering the latest news and current events to our readers. Our editorial team is dedicated to providing the most accurate and up-to-date information possible. We aim to be your go-to source for news and current events. Here on this site, You will get up to date information regarding all important categories like business ideas, health tips,... (Read More)

    Latest News

    Advantages Of Opting Static Caravans

    March 25, 2023

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023
    SIGN UP NEWSLETTER

    Join The Conversation sign up to receive emails for The Daily special tips general info.

      Facebook Twitter Instagram Pinterest
      • Home
      • Editorials
      • Get In Touch

      Copyright © 2021-2023 · Today News Journal Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.

      We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
      Cookie SettingsAccept All
      Manage consent

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
      CookieDurationDescription
      cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
      cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
      cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
      cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
      cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
      viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
      Functional
      Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
      Performance
      Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
      Analytics
      Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
      Advertisement
      Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
      Others
      Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
      SAVE & ACCEPT

      Sign In or Register

      Welcome Back!

      Login to your account below.

      Lost password?