NEWS | Speedata.io

Big-data processing chip startup Speedata exits stealth with $55M

Speedata, a startup that’s developing a specialized computer processor for data analytics workloads, exited stealth mode today as it closed on a $55 million funding round that brings its total amount raised to $70 million.

Speedata exits stealth with $55 million Series A for Big Data analytics chip

Speedata, which develops an Analytics Processing Unit (APU) designed to accelerate big data analytic workloads, exited stealth on Thursday with a $55 million Series A round.

Speedata’s chip for analytics workloads gets a $55M boost

Speedata, a semiconductor infrastructure company developing hardware accelerators for analytics and databases, today announced that it raised $55 million in a series A round led by Walden Catalyst Ventures, 83North, and Koch Disruptive Technologies...

Speedata Exits Stealth with $70 Million in Funding to Develop
First-of-its-Kind Dedicated Analytics & Database Accelerator to Expedite Big Data Analytics

With data analytics pivotal to the future of every industry, Speedata's unique Analytics Processing Unit (APU) will significantly accelerate cloud-based big data and analytics workloads by orders of magnitude

Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing

Datacenters are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands.

ספידאטה נחשפת עם גיוסים של 70 מיליון ד' - ושבבים שמאיימים לנגוס באינטל

ספידאטה (Speedata), שהוקמה על ידי קבוצת יזמים שכוללת את מייסדי פרוביג'נט וחוקרים מהטכניון, פיתחה מעבד להאצת משימות ניתוח נתונים בחוות שרתים ■ בין המשקיעים: מנכ"ל מלאנוקס לשעבר, איל וולדמן ■ "אנחנו בונים את התשתית החדשה של עולם ההיי-טק"

קרא עוד

Are Big Data Frameworks Accelerating to a Dead End?

There is promise in these lofty projections because big data has proven key to progress and innovation for countless industries in the digital age. For healthcare organizations, the ability to collect and analyze vast swaths of patient records has streamlined hospital management and catalyzed breakthrough discovery of cures.

The Looming Datacenter
Paradigm Shift

The acceleration of our digital economy has fueled an unprecedented proliferation of data – but in terms of the amount of data set to be created in the near future, “the world ain’t seen nothin’ yet.”

How Speedata accelerates Data analytics

Israel-based startup Speedata emerged from stealth nearly a year ago with an infusion of $70 million and is now running its first-generation accelerator chip on simulators and prototypes with multiple customers, some performing demanding analytics on big data.