Flyslice closes RMB20m new financing round led by Hefei Hi-Tech VC

Flyslice, a leading firm of FPGA heterogeneous computing solutions, has recently announced that it has closed a new round of financing, raising nearly 20 million yuan in July this year. The lead investor for this round was Hefei Hi-Tech VC.

Flyslice, a leading firm of FPGA heterogeneous computing solutions, has recently announced that it has closed a new round of financing, raising nearly 20 million yuan in July this year. The lead investor for this round was Hefei Hi-Tech VC.

This is another technology capital attracted by the company since CAS Star invested in its angel round. The proceeds will be used to further the product implementation and new product development.

Flyslice is a developer of heterogeneous computing FPGA accelerated processing solutions.

The company’s FPGA technology uses the general combination gate circuits and have native acceleration advantage in the integral and logical operation, enabling clients to have more powerful data storage and application capacity.

Currently, Flyslice’s FPGA acceleration solutions cover network acceleration, database acceleration, network security, artificial intelligence and other fields.

In the security field, CNN neural network computing, the core module operating frequency of its FPGA-based acceleration scheme is close to the theoretical operating frequency, and resource utilization rate has reached 80%, holding a leading position in the industry.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/29/flyslice-closes-rmb20m-new-financing-round-led-by-hefei-hi-tech-vc/.

Leave a Reply

Please Login to Comment