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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. Nvidia acquired DPU maker BlueField in 2019, while AMD snatched up Pensando late last year.

Azure 282
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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

But the competition, while fierce, hasn’t scared away firms like NeuReality , which occupy the AI chip inferencing market but aim to differentiate themselves by offering a suite of software and services to support their hardware. NeuReality will bring AI tech to anyone who wants to deploy easily and affordably.”

Marketing 239
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Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing

TechCrunch

Data centers 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. Analytics covers about 50% of the expense in a data center, so that is a huge market.

Big Data 246
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Device42 tunes IT infrastracture tooling to measure carbon emissions

TechCrunch

Device42 , a startup that helps companies understand and manage their hybrid infrastructure, can see a lot of information about each customer’s hardware and software usage. Its most recent raise was a $34 million Series A in 2019. He said this difference can have an impact on board level conversations about sustainability.

Tools 208
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MetalSoft aims to help manage server infrastructure through automation

TechCrunch

Aiming to overcome some of the blockers to success in IT, Lucas Roh co-founded MetalSoft , a startup that provides “ bare metal ” automation software for managing on-premises data centers and multi-vendor equipment. Hostway developed software to power cloud service provider hardware, which went into production in 2014.

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Eliyan raises $40M from Intel and Micron to build chiplet interconnects

TechCrunch

Increasingly, as Moore’s law rears its ugly head, computer chip developers are adopting “chiplet” architectures to scale their hardware’s processing power. ” Eliyan’s roots are in a previous startup, Aquantia, that Marvell acquired in 2019.

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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

Including the company’s debut round of $110 million led by Pitango when it first came out of stealth mode in 2019, DriveNets has now raised just over $580 million. Networking as it exists pre-DriveNets is largely focused around costly hardware.

Network 193