Cornami - About the company
Cornami is a series D company based in Santa Clara (United States), founded in 2012 by Fred Furtek. It operates as a Provider of AI-powered microprocessors for parallel computing applications. Cornami has raised $212M in funding from SoftBank Vision Fund and Applied Materials. The company has 365 active competitors, including 137 funded and 40 that have exited. Its top competitors include companies like Hewlett Packard Enterprise, Groq and Cerebras.
Company Details
Provider of AI-powered microprocessors for parallel computing applications. Its multi-core technology uses heterogeneous cores in highly concurrent and parallel manners. It accelerates the performance using its TruStream computing as a fabric on its ultra-high core density, ultra-high memory bandwidth data centre chip and reduces latency and power slashing operational costs. It finds applications in fields like big data, machine learning, and finance applications.
- Website
- cornami.com
- Email ID
- *****@cornami.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2012
Location
Santa Clara, United States
Stage
Series D
Total Funding
$212M in 15 rounds
Latest Funding Round
Investors
Ranked
45th among 365 active competitors
Employee Count
52 as on Mar 31, 2026
Legal entities associated with Cornami
Cornami is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cornami, Inc. CIN: 45-2628753 , United States, Active | - | 36 (As on Dec 31, 2019) | - |
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Cornami's funding and investors
Cornami has raised a total funding of $212M over 15 rounds. Its first funding round was on Jul 25, 2012. Cornami has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Cornami:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 24, 2025 | 8499194 | Series D | 2429774 | 3195368 | 4960043 | 9851313 |
Dec 12, 2024 | 4395452 | Series D | 1828379 | 2492855 | 5397168 | 1660281 |
Jul 10, 2024 | 5278706 | Series C | 6356440 | 8899475 | 9074829 | 1090728 |
View details of Cornami's funding rounds and investors
Cornami's founders and board of directors
Founder? Claim ProfileThe founders of Cornami is Fred Furtek.
Here are the details of Cornami's key team members:
- Fred Furtek: Co-Founder of Cornami.
View details of Cornami's Founder profiles and Board Members
Cornami's employee count trend
Cornami has 52 employees as of Mar 26. Here is Cornami's employee count trend over the years:
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Cornami's Competitors and alternates
Top competitors of Cornami include Hewlett Packard Enterprise, Groq and Cerebras. Here is the list of Top 10 competitors of Cornami, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 78/100 | |
2nd | Groq 2016, Mountain View (United States), Series E | Provider of AI inference platforms and on-premise AI inference clusters | $2.4B | 72/100 | |
3rd | Cerebras 2015, Sunnyvale (United States), Public | Provider of high-performance AI infrastructure and wafer-scale computing solutions | $2.82B | 72/100 | |
4th | SiTime 2004, Sunnyvale (United States), Public | Provider of RF MEMS-based oscillators and resonators | $52M | 71/100 | |
5th | Lightmatter 2017, Boston (United States), Series D | Developer of photonic interconnects and co-packaged optics for AI infrastructure | $850M | 70/100 | |
6th | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
7th | Graphcore Systems 2016, Bristol (United Kingdom), Acquired | Manufacturer of hardware and software for machine learning processing tasks | $742M | 68/100 | |
8th | Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 68/100 | |
9th | Ambiq 2010, Austin (United States), Public | Provider of AI-based system-on-chips for IoT applications | $385M | 67/100 | |
10th | Luminous 2018, Mountain View (United States), Series A | Platform offering AI based supercomputers | $123M | 67/100 | |
45th | Cornami 2012, Santa Clara (United States), Series D | Provider of AI-powered microprocessors for parallel computing applications | $212M | 58/100 |
Looking for more details on Cornami's competitors? Click here to see the top ones
Cornami's Investments and acquisitions
Cornami has made no investments or acquisitions yet.
Reports related to Cornami
Here is the latest report on Cornami's sector:
News related to Cornami
Media has covered Cornami for a total of 3 events in the last 1 year, 1 of them has been about partnerships and 1 about people movement.
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Cornami and DESILO Scale Encrypted AI with Deployable FHE-Based LLMPR Newswire•Sep 16, 2025•Desilo, Cornami
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Cornami Files Notice of Exempt Offering to Raise $40 Million in New Fundingintelligence360•Sep 10, 2025•Cornami
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Craig Gentry, Renowned Cryptographer, Joins Cornami as Chief Scientist, AlgorithmsKorea Newswire•Sep 26, 2024•Cornami
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Craig Gentry, Renowned Cryptographer, Joins Cornami As Chief Scientist, AlgorithmsBusiness Wire•Sep 25, 2024•Cornami
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Cornami Closes Over $68M Series C Funding RoundFinSMEs•May 17, 2022•Cornami, SoftBank Vision Fund, Impact Venture Capital, Octave Ventures and 2 others
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Cornami Strategic Investment Means Full Steam Ahead for FHE AcceleratorEE times•Mar 16, 2022•Cornami, Applied Materials
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Cornami Announces Strategic Investment from Applied VenturesBusiness Wire•Mar 01, 2022•Cornami, Applied Materials, SoftBank Vision Fund
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Cornami completes $ 50m Series C financingNew Electronics•Oct 12, 2021•Cornami, SoftBank Vision Fund
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