Mipsology SAS
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Mipsology SAS - overview
Established
2015
Location
Palaiseau, -, France
Primary Industry
Software
About
Mipsology SAS specializes in artificial intelligence (AI) acceleration solutions, focusing on optimizing deep learning performance for various hardware architectures, enhancing computational efficiency and speed for advanced computing applications. Founded in 2015 in Palaiseau, France, Mipsology SAS develops software that accelerates AI processes across hardware platforms. The company has undergone no notable pivots in its strategy. Its founder, Michel Dumoulin, has a background in technology ventures.
Recently, Mipsology SAS raised EUR 5. 20 mn in a Series A funding round from Alven, matching the total amount raised to date of EUR 5. 20 mn. As of now, the company's valuation stands at EUR 19.
237 mn. Mipsology SAS offers software solutions designed to enhance AI workloads across multiple hardware environments. Their primary product suite focuses on optimizing deep learning frameworks, ensuring compatibility with various processors, including CPUs and FPGAs. The software is utilized by businesses aiming to improve their AI capabilities, thereby increasing operational efficiency.
Their solutions cater to a wide range of industries, allowing clients to leverage the full potential of AI-driven applications. For the fiscal year 2023, Mipsology SAS reported revenues of EUR 2,052,102. 50, with an EBITDA of EUR -3,619,387. 40, indicating a period of investment and growth in development.
In August 2023, Mipsology SAS was acquired by AMD, which will enable the expansion of both companies' AI capabilities. The acquisition is set to enhance Mipsology's R&D in AI solutions, facilitating the launch of new products designed to optimize AI performance further. The partnership aims to target new markets and regions, leveraging AMD's global reach to increase adoption in North America, Europe, and Asia by the end of 2024.
Primary Industry
Software
Sub Industries
Application Integration Software, Analytics & Performance Software
Website
www.mipsology.com
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Acquired
Total Amount Raised
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