Esperanto Technologies Inc.

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Esperanto Technologies Inc. - overview

Established

2014

Location

Mountain View, CA, US

Primary Industry

Software

About

Esperanto Technologies Inc. develops high-performance computing solutions leveraging the RISC-V instruction set architecture to enhance AI inference and high-performance computing applications. Founded in 2014, Esperanto Technologies Inc. specializes in high-performance computing solutions.


The company is headquartered in Mountain View, US. It has received a total of USD 58 mn in funding through a Series B round completed on November 4, 2018. The founders include Bojan Maric, Dave Ditzel, and Stephen Lee, with Art Swift serving as the CEO. Esperanto Technologies specializes in high-performance computing solutions built on the RISC-V instruction set architecture.


Their flagship product, the ET-SoC-1 inference chip, integrates over a thousand low-power RISC-V processors on a single TSMC 7nm chip, delivering efficient performance tailored for AI inference and high-performance computing (HPC) applications. This architecture enables users to run diverse workloads, including Generative AI, Transformers, and Computer Vision models, while also supporting massive parallel processing for HPC tasks. The company's offerings cater to a variety of end users, including developers and enterprises seeking efficient, cost-effective solutions for AI and HPC applications. Esperanto's products are marketed globally, targeting regions with robust technological infrastructures, including North America, Europe, and parts of Asia.


Esperanto Technologies generates revenue primarily through the sale of its ET-SoC-1 chips and associated high-performance computing systems. The company engages in direct sales to businesses, institutions, and potentially governmental entities, facilitating transactions that typically involve bulk orders of its hardware. Partnerships and collaborations, such as those with Intel Foundry Services and NEC, enhance their distribution channels and broaden market reach. Pricing structures are designed to accommodate large-scale deployments and may include options for secure remote cloud access.


Their innovative low-cost solutions promote accessibility and encourage the adoption of RISC-V technology among customers looking for alternatives to traditional CPU and GPU offerings. Esperanto Technologies plans to advance its product line with new iterations of the ET-SoC-1 chip and other computing solutions. The company aims to expand into markets in Asia and Europe by 2025, leveraging its Series B funding of USD 58 mn to enhance product development and market entry. The funding will support research and development initiatives as well as marketing efforts to establish a presence in these targeted regions.


Primary Industry

Software

Sub Industries

Analytics & Performance Software

Website

www.esperanto.ai

Verticals

Artificial Intelligence, Artificial Intelligence, Cloud Computing

Company Stage

Series B

Total Amount Raised

Subscriber access only

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