Concertio (acquired by Synopsys)

AI-Powered Performance Optimization

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General Information
Company Name
Concertio (acquired by Synopsys)
Founded Year
2016
Location (Offices)
New York, United States +1
Founders / Decision Makers
Tomer Paz - Dir. R&D Andrey Gelman - CTO
Number of Employees
5
Industries
AI, Big Data, IT +2
Funding Stage
Seed
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Concertio (acquired by Synopsys) - Company Profile

Concertio, with its slogan "AI-Powered Performance Optimization," was acquired by Synopsys. The company specializes in AI-Powered System Performance Optimization Tools, and its patent-pending Concertio Optimizer suite optimizes hardware and software systems in alignment with running workloads. This leads to general-purpose systems being transformed into high-performant tailor-made ones. Concertio, founded in 2016, operates in the AI, Big Data, IT, Information Technology, and Machine Learning industries. The United States-headquartered company's last investment was a $4.20M Seed Round at 02 April 2020, which was backed by notable investors including Differential Ventures, Rough Draft Ventures, Wharton Alumni Angels, NextLeap Ventures, Big Red Ventures, J-Angels, Plug and Play, Howard Morgan, David Magerman, and Cornell Tech. The acquisition by Synopsys presents an interesting development in the space of AI-powered performance optimization.

Taxonomy: AI-Powered Tools, System Performance Optimization, AI-Powered Performance Optimization, Hardware Optimization, Software Optimization, Concertio Optimizer, Runway Program, Jacobs Technion-Cornell Institute, AI-Powered Technology, Performance Engineering, New York, Intel, Marvell, Mellanox

Funding Rounds & Investors of Concertio (acquired by Synopsys) (4)

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Funding Stage Amount No. Investors Investors Date
Seed Round $4.20M 10
Differential Ventures, investor in Concertio (acquired by Synopsys)'s Seed Round round Rough Draft Ventures, investor in Concertio (acquired by Synopsys)'s Seed Round round Wharton Alumni Angels, investor in Concertio (acquired by Synopsys)'s Seed Round round NextLeap Ventures, investor in Concertio (acquired by Synopsys)'s Seed Round round Big Red Ventures, investor in Concertio (acquired by Synopsys)'s Seed Round round J-Angels , investor in Concertio (acquired by Synopsys)'s Seed Round round Plug and Play, investor in Concertio (acquired by Synopsys)'s Seed Round round
Howard Morgan, David Magerman +1 		02 Apr 2020
Seed Round Unknown - 07 Aug 2019
Pre Seed Round Unknown - 01 Jan 2017
Non Equity Assistance Unknown - 01 Jan 2016

Latest News of Concertio (acquired by Synopsys)

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No recent news or press coverage available for Concertio (acquired by Synopsys).

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