March 22, 2022
For the development of the next generation of the company’s AI processors, which has raised $ 224 million so far. The company rented 3 floors in the Suzuki Tower
The start-up company Hailo from Tel Aviv, which currently employs about 170 people, will recruit about 100 developers and additional keys during 2022 who will join its R&D center in Tel Aviv. In order to prepare for growth, Halo rented 3 floors in an area of 3,700 square meters in the Suzuki Tower in Tel Aviv, two of which were inhabited.
To support the accelerated expansion and development of the next generation of processors, Halo will recruit additional developers for the R&D group in the software worlds – Backend, Firmware, Embedded, SOC, Architecture, Machine Learning and more. And in the worlds of hardware and system VLSI Design and Verification, Chip Architect. Halo also recruits for a variety of customer facing application and business development engineers and a variety of staff positions such as administration, human resources and marketing.
Halo was founded in February 2017 by Or Danon, Avi Baum, the late Hadar Zeitlin and Rami Feig, graduates of a high-tech unit of the Intelligence Corps. The company became Unicorn in October after completing a $ 136 million C round of funding, bringing to $ 224 million the total capital raising of Halo since its inception. The company has developed a high-performance artificial intelligence processor for end devices, Hailo-8 AI, with a processing rate of 26 terabytes per second (TOPS) and an average power consumption of 2.5 watts. The processor is in serial production and a number of agreements have been signed for its sale to a number of manufacturers of devices and computer systems around the world.
In the last two years, Halo has signed distribution and cooperation agreements with the Dutch NXP, Macnica from Japan, KFAI from North America, Lanner, VeCow, AEON, NEXCOM and AITg from Taiwan, MicroSys Electronics and Kontron from Germany, CVEDIA from the UK, Variscite from Israel and agreements with Imaging Leop. Socionext.
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