Mythic

Mythic

Mythic is a U.S-based artificial intelligence hardware and software company.

Mythic – formerly known as Isocline – is a company that develops a graphic processing unit (GPU) chip and software development kit (SDK) designed for artificial intelligence (AI) software development and deployment. The company was founded by Dave Fick and Michael B. Henry in 2012. Mythic aims to develop analog computing technology to enable faster AI deployment. Mythic is primarily based in Austin, Texas and has an additional office in San Francisco, California.

Product

Mythic’s primary product offerings are presented in the form of Mythic IPU and Mythic SDK. Mythic IPU – which stands for Mythic Intelligence Processing Unit – is a hybrid (analog-digital) processor chip that allows for faster AI algorithm processing. Mythic SDK, on the other hand, helps users in developing neural networks that can be deployed through Mythic IPU’s analog system. Mythic’s products are suitable for use in companies requiring hardware capabilities suitable to implement AI-based software with high computing power needs, such as those operating in the automotive and aerospace industries.

Funding

Since April 2016, Mythic has managed to accumulate a funding total of $85.2 million through six rounds of financing. The company’s most recent funding series was a Series B in June 2019, raising $30 million. Past investors who have contributed capital to Mythic were Threshold, Future Ventures, Lux Capital, and AME Cloud Ventures.

Timeline

March 2018

Mythic raises a $40,000,000 series B round from DFJ, SoftBank Ventures Asia, AME Cloud Ventures, Andy Bechtolsheim, Lux Capital Management, Lockheed Martin Ventures and Data Collective.

March 2017

Mythic raises a $9,000,000 series A round from DFJ, Lux Capital Management, Data Collective and AME Cloud Ventures.

Funding rounds

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People

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LinkedIn

Amy Bearman

Employee

David Carrillo-Cisneros

Employee

Jean Xin

Employee

Joseph J Henry

Employee

Kristin Bonds

Employee

Laura Jefferson

Employee

Malav Parikh

Employee

Matthew Runchey

Employee

Mythic Inc.

Founder

Paul Toth

Employee

Richard Bagley

Employee

Tyler Kohn

Employee

Zainab Zaidi

Employee

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