Reniac Receives Investment from Intel Capital

Reniac, a Mountain View, California, U.S.-based provider of a platform to simplify acceleration of Data Center workloads in public and private cloud, received an investment of undisclosed amount.

Intel Capital has made the investment joining existing investors Menlo Ventures, Divergent Ventures, Bullpen Capital, First Star Ventures (FKA Procyon Ventures) and Phison Electronics Corp. Director Don Faria led the investment for Intel Capital.

Led by Prasanna Sundararajan, CEO, Reniac leverages Field Programmable Gate Arrays (FPGAs) to reduce latency and accelerate throughput for critical workloads in public cloud, hybrid and on-premise data centers without software changes to existing applications. The company’s Distributed Data Engine is architected to benefit databases, networking and storage solutions while freeing more CPU resources to create business value.

Intel will leverage Reniac’s solutions to accelerate data center workloads with its technologies and 3rd party-developed solutions.



Join the discussion