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INDUSTRY FIRST

Lightbits Labs Lands $42M To Speed Up Server Data Transfers

Jun 28, 2022•about 3 years ago

Amount Raised

$42 Million

San JoseSoftware

Description

Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch.

Company Information

Company

Lightbits Labs

Location

San Jose, California, United States

About

But the company dropped it in recent months to focus on the software side. Lightbits currently employees 100 people, a number that the company plans to grow to more than 150 by the end of next year.

FundzWatch™ Score

87
Medium Activity

Funding Insights

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