After raising $110M, NeuroBlade’s engineers join Amazon's Annapurna Labs in quiet exit
Dozens of Israeli chip engineers will join AWS in a move seen as the end of NeuroBlade’s independent journey.
Dozens of development employees from Israeli startup NeuroBlade will join AWS Annapurna Labs, Calcalist has learned. According to estimates, the move marks the effective end of the company’s independent operations.
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In a letter to employees, Elad Sity, NeuroBlade’s CEO and co-founder, wrote: “I’m excited to share an important milestone in NeuroBlade’s journey. We have signed a definitive agreement for NeuroBlade’s core engineering team to join AWS Annapurna Labs, where we will play a leading role in innovating on next-generation products. I want to thank you all for your commitment to our mission. You’re all incredibly talented and I’m grateful for what we’ve built together. Each of you has contributed innovative solutions and cutting-edge thinking that has made NeuroBlade what it is today.”
Founded in 2018 by Sity and CTO Eliad Hillel, both alumni of the IDF’s elite Unit 81 and early employees at SolarEdge, NeuroBlade has raised $110 million to date. Its investors include Corner Ventures, which led the company’s most recent funding round, as well as Intel Capital, Grove Ventures, StageOne Ventures, and Marius Nacht.
“This transaction marks the next chapter for NeuroBlade,” added Sity. “For me and Eliad, NeuroBlade has always been more than a company — it has been part of our lives and our family. Over the past eight years, we’ve built technologies we are deeply proud of, and a work environment and culture we always dreamed of.”
He noted that, separate from the AWS deal, NeuroBlade had already completed internal organizational changes. “Independent of this transaction, we finalized internal team changes earlier. The software and system teams joining AWS will focus on our transformative next chapter where the impact of our work will scale exponentially.
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“We are deeply proud of what we’ve built together and grateful for your commitment, creativity, and resilience along the way. We’re equally excited for what comes next, and we’re confident this new chapter will unlock even greater opportunities for Neurobladers and our technology.”
NeuroBlade developed a novel data analytics architecture designed to eliminate bottlenecks in data processing by integrating computation directly into memory. Its memory accelerator technology combines proprietary hardware, software, and algorithms into a unified system installed in server farms to accelerate large-scale calculations.
Annapurna Labs, which currently employs hundreds of people in Israel, develops advanced chip technologies, particularly in the field of artificial intelligence. The company was acquired by Amazon in 2015 for approximately $370 million. Annapurna Labs is responsible for developing network training processors (Trainium) for AWS. These processors are used to train large, advanced artificial intelligence systems and enable AWS to offer AI cloud services.
