Cornami, a Campbell, CA-based company focused on intelligent computing in real-time environments provider, received an investment from Applied Ventures as part of the Series C funding led by SoftBank Vision Fund 2.
The amount of the deal was not disclosed.
The company intends to use the funds to increase its outbound partner program activities as it focuses on bringing its products to market.
Led by CEO Dr. Walden (Wally) Rhines, Cornami deploys intelligent computing in real-time environments. The company has developed a massively parallel reconfigurable computational fabric architecture to address the shift in computing needs for the ever-increasing massive datasets of today, and the future. This software-defined technology delivers linear scalability from thousands of cores on a single chip to millions across a system to meet performance, cost, and power requirements for customers.
Cornami’s software defined TruStream® Computational Fabric can scale performance without penalties to deliver real-timecomputing for critical and complex applications. The company’s proprietary technology lowers power consumption and latency, while increasing the performance for today’s massive datasets whether at the edge or the cloud. This includes, most notably, accelerating Fully Homomorphic Encryption (FHE) for real-time computing on encrypted data sets, which is vital for data privacy and cloud security.
FHE allows for extracting intelligent data analytics without ever decrypting the data to expose the underlying plaintext data, whether it is intellectual property (IP), financial information, personally identifiable information (PII), customer data, intelligence insight, or beyond.
FinSMEs
01/03/2022