
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
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.