By Malia Spencer – Staff Reporter, Portland Business Journal A Hillsboro startup founded by ex-Intel employees secured $2.5 million of a planned $4 million bridge round to help it prepare for wider customer adoption. Megh Computing, which makes software to help speed workloads in data centers, was able to raise about half of its round
We are pleased to announce that Megh Computing signed a memorandum of understanding with the Indian Institute of Technology Goa (IIT-Goa) on August 21, 2019, for joint research in hardware-accelerated, AI-based analytics. Megh’s mission is to deliver an efficient, scalable platform for real-time analytics using FPGAs for deployment in the public domain and private cloud.
Megh Computing has been demonstrating its Video Analytics Solution on the Intel platform. The Video Analytics Solution (VAS) is based on Megh’s Real Time Streaming Analytics platform and targeted for various use cases, including fraud prevention in the retail supply chain, inventory tracking in manufacturing, and video surveillance for security. Demos took place at: Intel