Rescale raises $55M more to meet demand for high-performance compute
Summary
San Francisco, California-based Rescale, a startup developing compute infrastructure for scientific research simulations, today announce that it raised $105 million in an expanded series C that included Jeff Bezos, OpenAI CEO Sam Altman, Richard Branson, Paul Graham, and Peter Thiel. The proceeds bring the company’s total capital raised to $155 million, which CEO Joris Poort says will be put toward growing Rescale’s platform, service offerings, and workforce. The company’s network spans 8 million servers with over 80 specialized architectures and resources like Nvidia Tesla P100 GPUs, Intel Skylake processors, and over 1TB RAM, delivering a combined a 1,400 petaflops of compute. Beyond this, Rescale helps to manage on-premises HPC resources, schedulers, and software licenses as well as the transfer, organization, and storage of simulation input and output files. One of Rescale’s more unique features is its recommendation engine, which leverages the metadata from millions of workloads, tens of thousands of apps, and hundreds of compute architectures.
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