Wed. Nov 30th, 2022

Elastics.cloud Raises Additional $17M in Funding

Elastics.cloud, a San Jose, CA-based Smart Interconnect Technology company, raised an additional $17M in Pre-Series A funding.

The backers were not disclosed. The funding brings the total Pre-Series A capital investment to over $26m.

The company, has opened a new design center in Bangalore, India, intends to use the funds to expand its engineering teams in San Jose, CA and Austin, TX, while also strengthening its strategic customer partner/support resources in the USA, Asia, and Europe.

Led by George Apostol, Founder and CEO, Elastics.cloud. is a Smart Interconnect technology company focused on enabling efficient and performant architectures to create flexible, scalable, low latency composable systems. The company provides silicon, hardware, and software which leverages the Compute Express Link (CXL) interconnect standard to provide high-performance connectivity to a broad ecosystem of components.

FinSMEs

15/04/2022

SOURCE https://www.finsmes.com/2022/04/elastics-cloud-raises-additional-17m-in-funding.html

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