Hailo extends Series C with $120 million round
Hailo extended its Series C financing and presented a low-power accelerator for generative-AI workloads on edge devices.
Evidence notes
- The additional $120 million extended Hailo’s Series C and took disclosed funding above $340 million.
- Hailo-10 was rated at up to 40 TOPS and under 5 W, with cited performance of up to 10 tokens per second for Llama2-7B and under five seconds per Stable Diffusion 2.1 image.
- Hailo said Hailo-10 uses the software suite shared with Hailo-8 and Hailo-15 and planned sample shipments for the second quarter of 2024.