Nervana Systems - About the company
Nervana Systems is an acquired company based in San Diego (United States), founded in 2014 by Naveen Rao, Amir Khosrowshahi and Arjun Bansal. It operates as an Online retailer offering diverse products, from electronics to fashion and groceries. Nervana Systems has raised $25M in funding from DFJ and DCVC, with last known valuation of $*****. The company has 342 active competitors, including 127 funded and 27 that have exited. Its top competitors include companies like Groq, Lightmatter and Ambarella.
Company Details
Online retailer offering diverse products, from electronics to fashion and groceries. This e-commerce platform provides a vast selection of items across numerous categories, including electronics, fashion apparel and accessories for women, men, and children, health and beauty products, baby and toys, home appliances, and groceries. The platform offers services such as order management, payment processing, customer support via live chat, and a user account panel for managing orders, wishlists, and reviews. It also features a login and registration system, a shopping cart, and options for returns and cancellations. The business model is B2C, providing a wide array of products for everyday needs, from household essentials to personal care and electronics. The platform also includes features like vouchers, discounts, and a blog, enhancing the shopping experience.
- Website
- nervanasys.com
- Social
Key Metrics
Founded Year
2014
Location
San Diego, United States
Stage
Acquired
Total Funding
$25M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 24, 2017
Ranked
68th among 342 active competitors
Exit Details
Acquired by Intel (Aug 09, 2016)
Legal entities associated with Nervana Systems
Nervana Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Nervana Systems Inc CIN: 464927199 , United States, Active | - | - | - |
Nervana Systems's acquisition details
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Nervana Systems's funding and investors
Nervana Systems has raised a total funding of $25M over 4 rounds. Its first funding round was on Apr 17, 2014. Its latest funding round was a Series B round on Jul 2015 for $*****. 1 investor participated in its latest round. Nervana Systems has 14 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Nervana Systems:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 2015 | 8439782 | Series B | 9844836 | 2854302 | 1696175 | 4236265 |
Jun 04, 2015 | 9035160 | Series B | 9106130 | 4015168 | 6125755 | |
Aug 21, 2014 | 6820497 | Series A | 5143649 | 3442355 |
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Nervana Systems' founders and board of directors
Founder? Claim ProfileHere are the details of Nervana Systems' key team members:
- Naveen Rao: Former Co-Founder & CEO of Nervana Systems and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Amir Khosrowshahi: Former Co-Founder of Nervana Systems.
- Arjun Bansal: Former Co-Founder of Nervana Systems.
View details of Nervana Systems's Founder profiles and Board Members
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Nervana Systems's Competitors and alternates
Top competitors of Nervana Systems include Groq, Lightmatter and Ambarella. Here is the list of Top 10 competitors of Nervana Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Groq 2016, Mountain View (United States), Series E | Developer of specialized hardware processors for artificial intelligence inference workloads | $2.77B | 72/100 | |
2nd | Lightmatter 2017, Boston (United States), Series D | Developer of photonic interconnects and co-packaged optics for AI infrastructure | $850M | 70/100 | |
3rd | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
4th | Graphcore Systems 2016, Bristol (United Kingdom), Acquired | Manufacturer of hardware and software for machine learning processing tasks | $742M | 68/100 | |
5th |  DarkVision 2013, North Vancouver (Canada), Acquired | Developer of acoustic imaging technology for industrial asset inspection applications | $5.5M | 68/100 | |
6th |  Ayar Labs 2015, San Jose (United States), Series E | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | $1.02B | 67/100 | |
7th |  Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 66/100 | |
8th | Provider of neural learning processors for edge AI applications | $340M | 66/100 | ||
9th | Cerebras 2015, Sunnyvale (United States), Public | Provider of high-performance AI infrastructure and wafer-scale computing solutions | $2.82B | 66/100 | |
10th |  EdgeCortix 2019, Chuo (Japan), Series B | Developer of energy-efficient AI processors, accelerators, modules, cards, and systems | $138M | 66/100 | |
68th | Nervana Systems 2014, San Diego (United States), Acquired | Online retailer offering diverse products, from electronics to fashion and groceries | $25M | 50/100 |
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Nervana Systems's Investments and acquisitions
Nervana Systems has made no investments or acquisitions yet.
Reports related to Nervana Systems
Here is the latest report on Nervana Systems's sector:
News related to Nervana Systems
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Intel blasts back at Nvidia, saying Xeon dominates 97% of A.I. serversVentureBeat•Aug 24, 2016•Intel, Nvidia, Nervana Systems
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Intel acquires deep learning startup Nervana for $400MMediaNama•Aug 18, 2016•Intel, Nervana Systems, DFJ, DCVC and 1 other
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Intel buys deep learning startup Nervana Systems for a reported $350 millionTechCrunch+•Aug 09, 2016•Intel, Nervana Systems, The Westly Group, Fonality and 5 others
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Human-in-the-loop deep learning will help drive autonomous carsVentureBeat•Jun 27, 2016•Nervana Systems
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Deep learning startup Nervana raises $20.5M | VentureBeatVentureBeat•Jun 04, 2015•Allen & Company, AME Cloud Ventures, Playground Global, CME Group and 8 others
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Nervana Systems Raises $3.3M Series A for Hardware to Boost AIDow Jones•Aug 21, 2014•Nervana Systems, Allen & Company, AME Cloud Ventures, DFJ and 1 other
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Nervana gets $3.3M to build hardware for deep learning | VentureBeatVentureBeat•Aug 21, 2014•Nervana Systems, Allen & Company, AME Cloud Ventures, DFJ and 1 other
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Nervana takes $600K to build hardware for deep learning | VentureBeatVentureBeat•Apr 17, 2014•Allen & Company, SV Angel, Nervana Systems, and 4 others
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