Inspirit IoT, Inc. announced today that it has closed a late seed funding round led by Senscape Technologies
Inspirit IoT, Inc. announced today that it has closed a late seed funding round led by Senscape Technologies, Inc. Inspirit IoT offers deep neural network (DNN) analysis and optimization tools, chip-agnostic high-level synthesis (HLS), and IoT hardware accelerator solutions to enable smart IoT applications. Together with Senscape's leadership in machine learning and computer vision technologies, this investment and strategic alliance will accelerate design and deployment of smart vision and smart sound applications.
Inspirit IoT, Inc., was born from 5 years of research in the Advanced Digital Sciences Center (ADSC) of University of Illinois at Urbana-Champaign (UIUC). With the support of the US Government SBIR Seed Fund, it has now expanded its novel suite of design tools to include Xcelo Compiler (an HLS tool), DNN Optimizer, and Smart Sound solutions. The new funding from Senscape will support the US and Asia Pacific commercialization of these technologies.
IoT (Internet of Things) promises to bring sensor intelligence to a vast array of applications. Inspirit IoT's design tools, libraries, and IoT platform designs explore performance and power tradeoffs, helping engineers meet application deployment constraints while delivering solutions to market faster than prior design methods.
Inspirit's Xcelo Compiler includes a state-of-the-art general-purpose HLS engine with extensive IPs and is paired with a library of ML (machine learning) components. Xcelo Compiler currently outperforms market competitors by 2X based on comparisons of quality of results. Inspirit's DNN Optimizer explores DNN reductions in bit-width, weight sharing and pruning in order to reduce size and complexity of DNN implementations, and automatically retrain the networks to retain the expected inference accuracy. In addition, Inspirit's IoT Generator provides a user-friendly development kit for IoT solutions. Inspirit's smart soundboard can be deployed indoors or outdoors across a wide range of sound-related applications.