Bamboo Systems, a Cambridge, England and San Jose, CA-based arm-only server vendor, secured $7m in funding.
The round was led by existing investors Seraphim Capital and Opea Holding with support from the UK’s £1.25 billion Future Fund.
The company intends to use the funds to expand operations and its business reach.
Led by Tony Craythorne, chief executive officer, Bamboo Systems provides servers which are optimized for microservices-based software, high performance workloads and processing at the edge.
Earlier this year, the company announced its B1000N Series of servers. A fully configured B1008N consists of 8 servers providing 128 cores, 16 DDR4 memory channels to 512GB DRAM, 24GB/s to 64TB of NVMe storage, fed through 160Gb/s network bandwidth. This is delivered in a single rack unit (1U) at approximately 50% of the cost of a legacy Intel-based server, 25% of the energy consumption, and 20% of the rack space.
FinSMEs
30/09/2020