Edge processing software startup Teraki raises USD11 million in series A funding

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Artificial Intelligence

German software firm will use the fund to accelerate its focus on the automotive electronics market

Teraki, a Germany-based supplier of edge processing software and for automotive and Internet of Things (IOT) markets, has raised USD11 million in Series A financing round, the company said in a press release on 18 December. With the latest funding, the company has raised a total of USD16.3 million from investors so far.

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