Hailo Technologies
| Industry | AI technology |
|---|---|
| Founded | 2017 |
| Founders | Orr Danon, Avi Baum, Hadar Zeitlin, Rami Feig |
| Headquarters | 82 Yigal Alon St. Tel-Aviv , |
| Website | hailo.ai |
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Hailo Technologies Ltd. is an Israeli AI technology company specializing in designing and manufacturing AI processors and AI accelerator used in autonomous vehicles, security cameras, autonomous mobile robots, etc.[2][3] Headquartered in Tel Aviv and seven international offices, the company operates in North America, Europe, and Asia.[4][5]
History
[edit]Hailo was founded in Tel Aviv in February 2017 by Orr Danon, Avi Baum, Hadar Zeitlin, and Rami Feig.[6] Following the death of Rami Feig[7] Orr Danon became the new CEO and Avi Baum became CTO.[7]
The company's funding began in June 2017 with a seed round of $3.5 million. This was followed by Series A funding on June 5, 2018 (with additional funding on January 22, 2019), totaling $12.5 million and $8.5 million respectively.[2][8][9][10]
Hailo unveiled its Hailo-8 AI accelerator on May 14, 2019.[11][4][12]
Hailo secured Series B funding of $60 million on March 5, 2020,[2] and a Series C funding of $136 million on October 12, 2021, led by Poalim Equity and Gil Agmon, with the participation of existing investors Zohar Zisapel (Hailo Former Chairman), Swiss-based ABB Technology Ventures (ATV), London's Latitude Ventures, and Israel's OurCrowd.[11][13][7] The financing was done at a valuation of $1 billion, making Hailo a unicorn.[14]
Also in 2021, Mooly Eden, former Senior VP at Intel, joined Hailo's board of directors, and Eyal Waldman, co-founder and former CEO of Mellanox Technologies, joined its advisory board.[7][13]
Hailo's Hailo-8 AI Processor was chosen as 2021 Edge AI and Vision Product of the Year in the Edge AI Processors category.[15][16]
In 2024, Hailo-15 AI Vision Processor was recognized as a Picks Award Winner at CES 2024.[17] In April 2024, Hailo expanded its series C fundraising round with an additional investment of $120 million[18] and launched Hailo-10, a Generative AI acceleration module for edge devices.[19]
In May 2024, Hailo announced the appointment of Rakefet Russak-Aminoach as chairperson,[20] and in June of that year Yaron Garmazi was appointed as CFO and COO.[21]
Products
[edit]The company offers generative AI vision processors, AI accelerators, AI accelerators and software.
AI Vision Processors
[edit]The company's Hailo-15 vision processors were launched in March 2023.[15]
AI Accelerators
[edit]The Hailo-8L entry-level AI accelerators and Hailo-8 Century high-performance PCIe cards were launched in August 2023.[12][13][22]
Generative AI Acceleration Modules
[edit]Hailo-10 is a Generative AI acceleration module for edge devices launched in 2024.[19]
Software
[edit]The Hailo AI Software Suite allows deep learning models to be built and AI applications to be implemented. It includes a model zoo of pre-trained models that can be used by developers.
The Vision Processor Software Package, designed for Hailo-15, enables the development of AI vision applications.
References
[edit]- ^ "Contact Hailo AI: Reach Out to Our Global Offices Today". Hailo. Retrieved 11 January 2025.
- ^ a b c "Israeli AI chipmaker Hailo raises $60 million, total funding $88 million". reuters.com. 2020. Retrieved 5 January 2024.
- ^ Bort, Julie. "The 35 hottest Israeli startups of 2020, according to insiders in the local tech scene". Business Insider. Retrieved 2024-01-05.
- ^ a b Ward-Foxton, Sally (2019-08-29). "Details of Hailo AI Edge Accelerator Emerge". EE Times. Retrieved 2024-01-05.
- ^ Solomon, Shoshanna (2020). "Israeli chip maker Hailo to set up Tokyo unit as demand for AI tech grows". timesofisrael.com. Retrieved 5 January 2024.
- ^ Techtime (2019-08-01). "Hailo Prepares for Mass Production of its AI Chips - Israel Electronics News". Techtime News. Retrieved 2024-01-05.
- ^ a b c d Orbach, Meir (2021-10-12). "New unicorn Hailo raises $136 million Series C for AI chips for edge devices". CTECH - www.calcalistech.com. Retrieved 2024-01-05.
- ^ "Israeli deep learning chip co Hailo raises $8.5m". Globes. 2019-01-22. Retrieved 2024-01-05.
- ^ FinSMEs (2018-06-05). "Hailo Raises $12.5M in Series A Funding". FinSMEs. Retrieved 2024-01-05.
- ^ Lardinois, Frederic (2018-06-05). "Hailo raises a $12.5M Series A round for its deep learning chips". TechCrunch. Retrieved 2024-01-05.
- ^ a b "Rivaling Intel & NVIDIA: New Israeli Unicorn Hailo lands $136M Series C". Geektime. 2021-10-12. Retrieved 2024-01-05.
- ^ a b Dumba, Ami Rokhax (2019). "Hailo הישראלית משיקה שבב ייעודי ליישומי בינה מלאכותית" [The Israeli company Hailo launches a dedicated chip for artificial intelligence applications]. israeldefense.co.il (in Hebrew). Retrieved 5 January 2024.
- ^ a b c "Hailo raises $136 million to further development of AI-powered edge solutions | Edge Industry Review". www.edgeir.com. Retrieved 2024-01-05.
- ^ "Hailo raising $100m, to become Israel's latest unicorn". Globes. 2021-06-23. Retrieved 2024-01-05.
- ^ a b Dipert, Brian (2021-05-25). "2021 Edge AI and Vision Product of the Year Award Winner Showcase: Hailo (Edge AI Processors)". Edge AI and Vision Alliance. Retrieved 2024-01-05.
- ^ "2021 Edge AI and Vision Product of the Year Winners а". Edge AI and Vision Alliance. Retrieved 2024-01-05.
- ^ Staff, R. S. (2024-01-11). "Residential Systems, TWICE, and TechRadar Pro Announce Picks Awards Winners for CES 2024". Residential Systems. Retrieved 2024-01-20.
- ^ "Hailo Raises $120 Million to Design More Efficient AI Chips". Bloomberg.com. 2024-04-02. Retrieved 2024-04-07.
- ^ a b Wiggers, Kyle (2024-04-02). "Hailo lands $120 million to keep battling Nvidia as most AI chip startups struggle". TechCrunch. Retrieved 2024-04-07.
- ^ https://en.globes.co.il/en/article-Rakefet-Russak-Aminoach-appointed-chair-of-chip-co-Hailo-1001479214
- ^ https://www.calcalistech.com/ctechnews/article/r1xt5bahc
- ^ Macsim, Miruna (2023-11-27). "Schneider Electric integrates Hailo Technologies processors for greater AI capabilities". Business Review (in Romanian). Retrieved 2024-01-05.