Venture Capital News: Blaize Secures $106 Million in Funding
2024-04-29
EL DORADO HILLS, CA, Blaize, the AI computing innovator revolutionizing edge computing solutions, announced it has raised $106 million.
Blaize, the AI computing innovator revolutionizing edge computing solutions, announced it has raised $106 million from existing investors, including Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz, and Temasek and new investors Rizvi Traverse, Ava Investors and BurTech LP LLC.
Blaize previously raised $224 million from strategic investors such as DENSO, Mercedes Benz, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, and Bess Ventures. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (CA), Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
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