Led by Koch Disruptive Technologies (KDT) – with SK hynix, Lip-Bu Tan, Chairman of Walden International, and State of Mind Ventures Momentum, in addition to previous investors also participating in the round – this latest investment will be used to address the broad market opportunity for the Pliops Extreme Data Processor (XDP).
Pliops will continue to build out its semiconductor, hardware and software roadmap, while driving its vision of re-architecting the data stack and bringing ultra-scalability to data centers with customers and partners.
By reliably accelerating performance in existing and new data centres, the Pliops XDP extends potential to crunch, store, analyse and move data.
Pliops helps companies get more from their growing data volumes and data center footprint, leading to reduced costs and energy consumption.
Pliops continues to secure customers in a range of market segments – including global cloud service providers, enterprises and HPC – all of whom are seeking to accelerate and scale a wide range of data-intensive workloads.
“The ability to monetize data faster and get much more while paying much less is the core priority of every organization, especially in times of market volatility,” says CEO and founder Uri Beitler, “our transformative product offers this exact unique capability, making it imminent that Pliops XDP will be the cornerstone of every modern data center. With the trust of our existing customers and partners, and our commitment to align company resources with the current economic climate, this funding round will accelerate our market adoption and help move us closer to becoming the market leader.”
Previous invesstors include: Intel Capital, Viola Ventures, SoftBank Ventures Asia, Expon Capital, NVIDIA, AMD, Western Digital and Alicorn.
