nervanaDerrick Harris of GigaOM reports, “Nervana Systems, a San Diego-based startup building a specialized system for deep learning applications, has raised a $3.3 million series A round of venture capital. Draper Fisher Jurvetson led the round, which also included Allen & Co., AME Ventures and Fuel Capital. Nervana launched in April with a $600,00 seed round. The idea behind the company is that deep learning — the advanced type of machine learning that is presently revolutionizing fields such as computer vision and text analysis — could really benefit from hardware designed specifically for the types of neural networks on which it’s based and the amount of data they often need to crunch.” Read more