GigaIO, the creator of next-generation data center rack-scale architecture for artificial intelligence (AI) and high-performance computing (HPC) solutions, on Monday announced the completion of a Series B round of funding totaling $14.7 million.
GigaIO has fundamentally changed the HPC and AI landscape by creating the world’s only enterprise-class, universal composable fabric―an open standards solution with limitless flexibility, cloudlike agility, and an added layer of security. This enables faster time to achieve results as workloads run as if they were using components inside one server but harness the power of many nodes, all communicating within one seamless universal fabric.
Through the new funding, GigaIO will aggressively expand its market and channel development by recruiting more partners and expanding channel programs. GigaIO will devote more resources to customer development and partner development programs – aimed at accelerating sales and marketing efforts.
GigaIO's Universal Composable Fabric, FabreXtm, orchestrates workloads by configuring any HPC and AI resource on the fly and integrating networking, storage, memory, and specialized accelerators into a single-system cluster fabric. By increasing the flexibility and agility of HPC and AI environments, GigaIO's solution significantly reduces costs through increased utilization and minimized server requirements, saving on cooling, power, and footprint. GigaIO is disrupting the HPC and AI space by democratizing access to expensive specialized resources such as accelerators by sharing them across users and workloads, and by making it simple to implement for IT managers.
Alan Benjamin, President and CEO of GigaIO
We have a tremendous technology and a development team with incredible expertise gained through years of working on some of the highest performing interconnects at companies such as Cray, Sun Microsystems, Cisco, Emulex, and QLogic. Today, by completing this funding round, we are better positioned to get the technology into the hands of more customers and channel partners and to increase traction among commercial and other customers.
