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

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

06/28/22, 4:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$42 million
Industry
software
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 Info

Company
Lightbits Labs
Location
san jose, california, united states
Additional Info
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.