intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Baya Systems Raises $36M+ to Propel AI and Chiplet Innovation

Baya Systems Raises $36M+ to Propel AI and Chiplet Innovation

February 6, 2025 Craig Etkin

Series B funding led by Maverick Silicon fuels market expansion and ability to meet rapidly growing demand for hyper-efficient data movement in agile complex silicon systems

January 23, 2025 09:00 AM Eastern Standard Time

SANTA CLARA, Calif.–(BUSINESS WIRE)–Baya Systems, a leader in system IP technology that empowers the acceleration of intelligent compute, today announced it has raised $36+ million in a Series B round led by Maverick Silicon, backed by a strategic investment from Synopsys, with current investors including Matrix Partners and Intel Capital reinvesting into the company. The funding will support operational growth, accelerating the development and deployment of the company’s software-driven system IP technology portfolio for system-on-chip (SoC) designs and the emerging chiplet economy.

“Designing increasingly complex combinations of CPUs, GPUs, neural network accelerators and other processors is a brute-force solution that the industry cannot rely on forever. It simply comes with too many risks: high re-engineering costs, difficulty scaling and potentially hitting the market with sub-par metrics”Post this

As intelligent computing continues to grow, its demands for AI capabilities, more efficient data movement and compute density are driving the evolution of SoCs into “system-of-chips” models. By using chiplets, this new approach offers scalable performance, optimized power and reduced costs without relying solely on traditional approaches, where further advances have been slow in coming and are growing more expensive. Baya delivers modular solutions designed to adapt to changing needs and take advantage of these benefits for next-gen designs for AI, automotive and data center infrastructure—while also complying with emerging standards like Ultra Accelerator Link (UALink™) die-to-die interconnect for further accelerated AI scaling.

“Generative AI and multimodal compute have clearly shown that the real challenge has transitioned from compute engines to data movement and connectivity to truly deliver on the performance and efficiency needs of AI acceleration and scale compute infrastructure and communications,” said Andrew Homan, Managing Director at Maverick Silicon. “The team at Baya Systems is uniquely positioned to fill this critical gap in the industry with its WeaverPro, WeaveIP and other solutions.”

To better support AI and other compute-heavy and data-intensive applications, Baya offers a holistic approach to design, analyze and build complex, highly performant multi-die systems that overcome traditional semiconductors’ bottlenecks of data movement and scalability. Baya’s foundational WeaverPro™ software enables continuous refinement of data-driven architecture and micro-architecture development from initial specification through post-silicon tuning, with built-in simulation and workload analysis that ensures the design delivers on KPIs. The comprehensive WeaveIP™ advanced system IP portfolio, with its unique transport, supports custom and standard protocols, maximizes performance and throughput while minimizing latency, silicon footprint and power, rapidly delivering complex solutions.

“Baya Systems has executed ahead of schedule on building the team, the technology and the products that deliver on its vision to solve the high-performance system design challenge for the semiconductor industry,” said Stan Reiss, general partner, Matrix Partners. “This has uncovered a much larger scope for the company, and in our view, this new infusion of capital is necessary to extend leadership and capitalize on that opportunity.”

With a high-power team of entrepreneurial leaders and engineers from companies like Apple, AMD, Arm, Intel, Qualcomm, and legendary microprocessor architect Jim Keller as the Chairman of the Board, Baya has rapidly emerged out of stealth, delivered its flagship product to market and is now positioned to grow its market share.

“Designing increasingly complex combinations of CPUs, GPUs, neural network accelerators and other processors is a brute-force solution that the industry cannot rely on forever. It simply comes with too many risks: high re-engineering costs, difficulty scaling and potentially hitting the market with sub-par metrics,” said Dr. Sailesh Kumar, founder and CEO, Baya Systems. “Baya’s performance-focused, software-based approach, coupled with our unique transport and modular fabric IP, is designed from the ground up to produce complex multi-die solutions that are correct by construction with a simplified design process.”

Early Baya customers and partners include Tenstorrent, which has licensed Baya technology for its AI and RISC-V chiplet solutions, and some yet to be announced partnerships, signaling Baya’s growing traction and global reach.

About Baya Systems

Baya Systems is leading the next wave of foundational, high-performance and modular semiconductor systems technologies that are chiplet-ready and accelerate intelligent compute everywhere. Named after the baya bird, renowned for its ability to weave cohesive nests from diverse materials, Baya embodies this approach by integrating best-in-class compute, communication and I/O components into seamless, energy-efficient solutions. Its software-based design and exploration platform enhances performance, yield and reusability, enabling cutting-edge, cost-effective innovation across multiple industries. Baya is backed by leading investors including Matrix Partners, Maverick Silicon, Synopsys Inc., and Intel Capital. For more information visit https://bayasystems.com or follow us on LinkedIn.

Contacts

Media Contact
Crackle PR for Baya Systems
baya@cracklepr.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Baya Systems, Business Wire, California, Santa Clara, Venture Capital

Post navigation

NEXT
Eleos Raises $60M Series C to Transform Behavioral Health with AI Agents
PREVIOUS
CapeZero Raises $2.6M to Transform Complex Clean Energy Project Finance with Innovative Software Platform
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Load More... Subscribe

Categories

Recent Posts

  • Bespoken Spirits Announces Successful Close of Series-C Funding Round June 9, 2025
  • Bito Raises $5.7M Seed Extension to Expand AI Code Review Platform with Codebase Awareness June 9, 2025
  • Pillar Biosciences Raises $34.5M in Funding June 9, 2025
  • CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era June 9, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.