Liqid Raises $28M in Series B Funding

liqidLiqid, a Broomfield, CO-based provider of a comprehensive composable infrastructure solutions and services platform, raised $28m in Series B funding.

The round, which brought total funding raised to date to $50m, was led by Panorama Point Partners, with participation from Iron Gate Capital, and affiliates of DH Capital.

The company intends to use the funds for accelerated growth, increasing budgets for personnel in operations, sales, marketing, engineering, and other business-critical functions.

Led by Sumit Puri, CEO and Cofounder, Liqid provides a software-defined composable infrastructure platform, which allows users to manage, scale, and configure physical, bare-metal server systems in seconds and then reallocate core data center devices on-demand as workflows and business needs evolve.
With Liqid, IT users can build dynamic, bare-metal servers on demand through software, and compose across all major fabric types, including PCIe Gen 3, PCIe Gen 4, Ethernet, and Infiniband.
Its Command Center orchestration software enables those servers to be configured as needed via policy-based provisioning from pools of disaggregated hardware resources, including NVMe storage, GPU and FPGA data accelerators, Intel® Optane™ memory technology, CPUs, and networking devices.

FinSMEs

13/11/2019

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