CTAccel improves the performance and efficiency of image processing in datacenters by offloading computation from CPU to FPGA

CTAccel, a provider of image processing accelerator which improves the performance and efficiency of image processing in datacenters, has secured an undisclosed sum in Series A funding round led by Intel Capital, with participation from croat-border investment firm Ironfire Ventures.

Hong Kong-based CTAccel will use the money to broaden its product portfolio for better and more effective image processing and image analytics solutions development, as well as strengthen global market penetration in North America, Europe and Asia Pacific.

With this, Intel aims to leverage the extensive experience of CTAccel in hardware-software co-design, heterogeneous computing and software engineering to deliver high-performance, high-value solutions to customers.

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CTAccel was founded in March 2016 by a team of field-programmable gate array (FPGA) experts from ClusterTech. The team has been involved in the development of FPGA-based heterogeneous computing solutions for the datacenter since 2013. CTAccel’s patented image processing accelerator improves the performance and efficiency of image processing in datacenters by offloading computation from CPU to FPGA.

CTAccel solutions are deployed in a wide spectrum of market segments, including online-to-offline (O2O) services, smartphone cloud applications, cloud storage and online video sites.

“Our existing and in-development product offerings have positioned CTAccel to be a market leader in FPGA-accelerated solutions,” said Dr. Harry Yu, Founder and CEO of CTAccel. “This investment, led by Intel Capital, will speed up our new product development and extend our solutions across FPGA-accelerated datacenter computation while supporting our global expansion.”

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