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Ryo Nakao

Ryo Nakao
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Pliops Closes $65M Funding Round to Skyrocket Data Center Efficiency, Starts Countdown to Product Launch

Led by Koch Disruptive Technologies with NVIDIA Expanding Share, Investment in Game-Changing Technology Aimed to Up Data Performance, Deliver Unprecedented ScalabilitySAN JOSE, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) Technology innovator Pliops announced today that it has closed a $65 million oversubscribed funding round, led by Koch Disruptive Technologies (KDT). All current investors, including State of Mind Ventures (SOMV), Viola Ventures, Intel Capital, SoftBank Ventures Asia, Expon Capital, Western Digital, Xilinx, and Sweetwood Capital participated, with NVIDIA increasing its share. This news positions Pliops for its goal: delivering game-changing value for enterprise and cloud customers. The investment will be used to bring the new levels of scale, speed and cost effectiveness promised by Pliops’ storage processor to more customers in more ways. A hardware-enabled storage engine deployed in a PCIe card form factor or as a cloud service, the storage processor unlocks the ....

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