Emu Technology Completes $5M Series A-2 Funding Round

Emu Technology, a NYC-based provider of migratory thread technology for data intensive Big Data analytics, completed its series A-2 funding round, raising over $5M.

Samsung Ventures Investment Corporation joined previous investors Blu Ventures and IrishAngels in the round.

The company intends to use the funds to continue to develop and scale scaling adoption of its technology platform.

Led by Martin Deneroff, Chief Operating Officer, Emu Technology provides data intensive, real-time Big Data computing technolgy combining finely grained parallelism with in-Memory computing and migration of compute context to data.
The company’s Emu Chick, built and delivered by Plexus manufacturing in Neehah, WI, is a 256 core computer tower system that operates from 120 VAC power and requires no special computer room infrastructure. It provides sufficient memory and storage for many common Data Analytics applications such as graph analysis, cybersecurity, non-obvious relationship analysis and semi-supervised machine learning. Completely software compatible with larger Emu1 systems, it is now generally available for data intensive Big Data analytics applications in government and enterprise environments.

The Emu team has also completed software development efforts to support industry standard Centos 7.3, Cilk, C++, CilkPlus and GMP library.

FinSMEs

29/11/2017

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