Hailo

Company Overview

Snapshot

Founded in February 2017 by Orr Danon, Avi Baum, and Hadar Zeitlin, Hailo operates with 201–500 employees. The company raised over $346.41 million across 8 funding rounds from 20 investors. In July 2026, Hailo was acquired by Microchip.

Business overview

Hailo develops AI processors for edge devices, focusing on enabling smart edge technologies to reach their full potential by bridging the gap between existing and future AI technologies. Its core products include AI accelerators and AI vision processors, offering high compute power with high power and cost efficiency. These solutions process high-resolution videos or multiple video streams and neural network models simultaneously within small power budgets. Hailo serves various markets and industries, including automotive, security, smart city, Industry 4.0, and smart retail, operating within the Industrial Technologies sector.

Strategic signal

In June 2026, Hailo announced a significant workforce optimization, cutting 50% of its employees amidst funding pressure and a strategic reset. This move signals a critical operational restructuring and a shift in the company's immediate strategic focus, indicating a period of consolidation and re-evaluation for investors.

Company Intelligence Q&A

What was a significant recent corporate development for Hailo?

In July 2026, Hailo was acquired by Microchip.

What recent operational change did Hailo undergo?

In June 2026, Hailo reduced its workforce by 50% due to funding pressures and a strategic reset.

Who was appointed to a key leadership position at Hailo in 2024?

In May 2024, Rakefet Russak-Aminoach was appointed as the Chair of Hailo.

Which company partnered with Hailo to integrate AI into Raspberry Pi 5 hardware?

In June 2024, Raspberry Pi selected Hailo for AI integration on its Raspberry Pi 5 hardware.

What was a notable product development for Hailo in 2023?

In September 2023, Hailo expanded its Hailo-8 accelerator lineup for entry-level edge AI applications.