Syntiant Corp. Named Among Fastest-Growing Companies in North America by Deloitte
Irvine, Calif., November 16, 2022 — Syntiant Corp., a leader in delivering end-to-end edge AI solutions for always-on applications, today announced that it has been named to the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America.
Now in its 28th year, the Deloitte Technology Fast 500 award winners are selected based on a revenue growth rate of 75 percent or higher, number of years in business, customer sales and operating revenue of at least $5 million.
“Being listed in the Deloitte Technology Fast 500 is indicative of our ability to execute on Syntiant’s growth strategy, going from startup to delivering production-ready edge AI solutions in just a couple of years,” said Kurt Busch, CEO of Syntiant. “Before Syntiant, artificial intelligence was relegated to the cloud, unconstrained by area and power. Today, we have shipped more than 20 million neural decision processors and production-grade deep learning models to customers across the globe, bringing highly accurate, cloud-free inferences to all kinds of devices with near-zero power consumption.”
The companies on the 2022 Deloitte Technology Fast 500 achieved significant revenue growth from 2018 to 2021, ranging from 241 percent to 125,138 percent, with median growth of 611 percent. Ranked 46, Syntiant achieved a growth rate of 3,577 percent from 2018 to 2021.
“Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “We congratulate each winner on their impressive achievements.”
About Syntiant
Founded in 2017 and based in Irvine, California, Syntiant Corp. is a leader in delivering end-to-end deep learning solutions for always-on applications by combining purpose-built silicon with an edge-optimized data platform and training pipeline. Syntiant’s advanced chip solutions merge deep learning with semiconductor design to produce ultra-low-power, high performance, deep neural network processors for edge AI applications across a wide range of consumer and industrial use cases, from earbuds to automobiles. The company is backed by several of the world’s leading strategic and financial investors including Intel Capital, Microsoft’s M12, Applied Ventures, Robert Bosch Venture Capital, the Amazon Alexa Fund and Atlantic Bridge Capital. More information on the company can be found by visiting www.syntiant.com or by following Syntiant on Twitter @Syntiantcorp or LinkedIn.
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