The round was led by Mark IV Capital.
The company will use the funds to accelerate product development of its platform for availability in Q4 2018 and to expand sales and marketing efforts.
Led by Alan Benjamin, CEO and president, GigaIO provides the GigaIO Fabrex™ platform, a patented interconnect network delivering low latency and high bandwidth for data center connectivity.
The company’s technology fulfills user demands for flexibility, utilization and cost reduction through bare-metal disaggregation of all hardware elements into dynamically reconfigurable resource pools.
This enables data centers to scale up or out the performance of their systems, preserving their existing investment while adding the newest and latest capabilities.
FinSMEs
25/09/2018