<ul><li>Data analytics chip startup Speedata has secured $44 million in Series B funding, with participation from various investors including Intel Corp. CEO Lip-Bu Tan and Mellanox Technologies co-founder Eyal Waldman.</li><li>Speedata's accelerator card, the C200, based on a custom chip called Callisto, is designed to optimize data analytics workloads and can be attached to servers via a standard PCIe port.</li><li>The Callisto chip, utilizing a CGRA chip architecture, can perform analytics tasks more efficiently, especially handling branching logic in queries, leading to improved query performance.</li><li>The funding will be used by Speedata to support its go-to-market efforts, with the company highlighting the chip's significant speed advantages in various sectors including healthcare, finance, insurance, and advertising technology.</li></ul>

Data analytics chip startup Speedata closes $44M funding round

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