Myrtle Software raises funding led by Cambridge Angels to advance its computing tools.

Myrtle Software has secured a new investment led by the Cambridge Angels investor group, with participation from Origin Capital. The Cambridge-based firm develops software tools designed to speed up the compilation and execution of complex algorithms, with a particular focus on deep learning.

The company's technology targets FPGA devices, which are seeing increased adoption in data centres to improve processing speeds, reduce latency, and lower power consumption compared to standard server hardware.