Most who familiar with the Austin, Texas-based company know it for developing the concept of using ARM® technology to slash data center power.
In a written statement the 100-employee firm said its technologies has been show to deliver as much as a ten-fold improvement in energy efficiency compared to today’s commodity X86-based servers.
The new funding is comprised of investments by Austin Ventures and Vulcan Capital plus additional participation by the firm’s existing investors.
“This significant infusion of capital will accelerate the exciting trajectory we’ve been on for the past four years,” said Calxeda co-founder and CEO Barry Evans.
“Businesses require a more efficient solution for the Web, Cloud, and Big Data. That is what Calxeda is now delivering and this funding will enable us to go bigger and faster,” Evans said.
Clark Jernigan, venture partner at Austin Ventures, said that from the first time he met with Calxeda, the company has performed exceptionally well. He also said it is an auspicious time to make such an investment because the market has begun to embrace disruptively power-efficient datacenter architectures.
“Calxeda has also demonstrated solid customer traction across several key end user segments, and we are very excited to join their already impressive investor group,” Jernigan said.
“I am very impressed with the innovative approach and completeness of Calxeda’s vision,” agreed Steve Hall, managing director, Vulcan Capital. “Calxeda thinks like a solution company, aligning their technology to solve the bigger challenges. They aren’t just chip guys.”
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