uCIRRUS Closes $4M Financing Round

uCIRRUS, a San Mateo, Calif.-based provider of real-time enterprise operating software, has closed a $4m financing round.
The investment was led by SK telecom ventures, with participation from Qualcomm Ventures and ATA Ventures.
The new capital will be used to support customer growth and accelerate the product roadmap for PUSHvm™, uCIRRUS’ real-time operating platform for enterprise and web application acceleration.
In conjunction with the funding, Rob Trice of SK telecom ventures, Mike Hodges of ATA Ventures, and Jack Young of Qualcomm Ventures, will join the company’s board of directors as observers.
Founded by technologist Dr. Ray Huetter and entrepreneur Joe Ward, uCIRRUS has designed its software to maximize the full potential of multicore processors, running on commodity hardware. According to the company, when coupled with PUSHvm software, the hardware required for datastream ingest has been reduced by as much as 40X, and DW load speed has been benchmarked at 40TB / hour +.

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