Deci

Deci is a Israeli startup developing platform that enables data professionals to create and implement deep learning (DL) models in a variety of devices and software environments. The platform includes the Automated Neural Architecture Construction (AutoNAC) algorithmic engine, which optimizes the DL model to maximize performance on existing equipment, and Neural Architecture Search (NAS), which redesigns the architecture of the trained model to improve performance when delivering results. By October 2021, the platform is used by companies,, Intel,, etc Hewlett Packard Enterprise Amazon Web Services Nvidia.

History

2022: Attracting Investment from Fort Ross Ventures

On July 13, 2022, Israeli deep learning company Deci announced the completion of a $25 million Series B funding round.

The funding round was led by Insight Partners with input from already active investors: Square Peg, Emerge, Jibe Ventures and Fort Ross Ventures, as well as ICON. Taking into account this transaction, the total volume of investments attracted by the startup reached $55.1 million.

Fort Ross Ventures invested in Deci

The funds will be used to expand Deci's marketing activities and accelerate research projects.

Deci's deep learning platform helps data scientists bridge the AI efficiency gap by adopting a more productive development model. AI developers use the Neural Architecture Hardware Search (NAS) platform to quickly create highly optimized deep learning models designed to achieve specific production goals.

Deci was founded in 2019 by CEO Jonathan Geifman, Chief Scientists Professor Ran El-Yaniv and Chief Operating Officer Jonathan Eliel.

Geifman said: The growing gap in AI efficiency further underscores the importance of "shifting to the left" - accounting for manufacturing considerations early in the development lifecycle, which can significantly reduce the time and cost of addressing potential barriers when introducing models into production. Deci's deep learning development platform has proven expertise to enable companies of all sizes to do just that by providing them with the tools they need to successfully develop and implement world-changing AI solutions - regardless of the level of complexity and production environment. This funding is a vote of confidence in our work to make AI more accessible and scalable for all.

Deci partners with hardware manufacturers, computer OEMs and other leaders in the ML ecosystem, and official partners include Intel, Amazon Web Services (AWS), Hewlett Packard Enterprise (HPE) and Nvidia.^[1]

2021: Raising $21 million in investments

On October 20, 2021, Deci announced a $21 million investment in the Series A round, which was headed by Insight Partners, a New York venture capital fund. In addition, Fort Ross Ventures, Square Peg, Emerge, Jibe Ventures, Samsung Next and Vintage Investment Partners took part in the deal.

The startup plans to use the investments received in projects to increase sales, optimize marketing processes and improve customer service around the world.

Fort Ross Ventures Invested in Israel's Deep Learning Implementation Platform

According to the founder and general partner of Fort Ross Ventures Victor Orlovsky, the fund invested in Deci, because artificial intelligence today is an integral part of the development of consumer technologies. Deci helps companies significantly reduce the time to develop and complete tasks related to deep learning technologies, and thereby increase the efficiency of a large number of expensive tasks, he said.

With the increasing adoption of deep learning models, reducing time to market and improving production efficiency is critical as more and more businesses seek to commercialize their AI-based solutions, says Deci founder and CEO Jonathan Geifman. - The investment raised is a sign of confidence in our work to ensure businesses can make a breakthrough in deep learning.[2]

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