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MemryX Secures $44 Million in Series B Funding to Advance Edge AI Innovation

March 30, 2025 by Entreprenuer News Network Bureau

MemryX, a leading provider of cutting-edge Edge AI semiconductor solutions, has successfully raised $44 million in its Series B funding round. This milestone, backed by a mix of new and existing investors, underscores the growing industry confidence in MemryX’s AI acceleration technology. The funding comes at a pivotal time, following the production readiness of the … Read more

SiMa.ai Named Satish Mohanram as Senior Director, India Sales and Site GM

December 26, 2024 by Entreprenuer News Network Bureau

SiMa.ai, a leader in machine learning (ML) solutions, has announced the appointment of Satish Mohanram as Senior Director of India Sales and Site General Manager. This strategic move aims to bolster the company’s presence in India’s rapidly expanding markets and drive growth in critical sectors such as industrial, semiconductor, education, aerospace/defense, and automotive. Leveraging Extensive … Read more