Elastics.cloud Raises Additional $17M in Funding

Funding Rounds

Summary

The funding brings the total Pre-Series A capital investment to over $26m. The company, has opened a new design center in Bangalore, India, intends to use the funds to expand its engineering teams in San Jose, CA and Austin, TX, while also strengthening its strategic customer partner/support resources in the USA, Asia, and Europe. Led by George Apostol, Founder and CEO, Elastics.cloud. is a Smart Interconnect technology company focused on enabling efficient and performant architectures to create flexible, scalable, low latency composable systems. The company provides silicon, hardware, and software which leverages the Compute Express Link (CXL) interconnect standard to provide high-performance connectivity to a broad ecosystem of components.

$ Funding

$
Amount $17.0M Total raised
Date April 14, 2022 Announcement date
Investors - Lead investors
Company https://elastics.cloud/ Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies