Why we invested in Expanso, a distributed compute platform that reduces latency and enhances data governance capabilities — Samsung Next

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Summary

This poses challenges for making use of this stream of information, because centralizing, processing, and analyzing the data is slow, expensive, and comes with significant security risks. At the end of the day, a platform like this has broad utility, from video processing on the smallest edge devices, to sharing sensitive petabyte (or larger) datasets between enormous organizations. We believe an approach that recognizes both data gravity, and the underused power of distributed devices, while giving developers the same reliability and verifiability as running in a traditional datacenter will be part of every organizations IT infrastructure in the future.Expanso benefits from the leadership of two seasoned tech veterans. David Aronchick, the CEO and Co-founder, boasts a rich background at tech giants like Amazon, Microsoft, and Google, where he played a key role in developing Kubeflow, an open-source platform for machine learning operations. Together, their collective experience and emphasis on open-source solutions, as demonstrated by projects like Bacalhau, signal a commitment to transparency and collaboration within the developer community.

$ Funding

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Amount - Total raised
Date May 16, 2024 Announcement date
Investors - Lead investors
Company https://www.expanso.io Funded company

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