GigaIO Raises $21M in First Tranche of Series B Funding

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GigaIO, a Carlsbad, CA-based provider of scalable infrastructure designed for AI inferencing, raised $21M in the First Tranche of its Series B funding.

The round was led by Impact Venture Capital, with participation from CerraCap Ventures, G Vision Capital, Mark IV Capital, and SourceCode Cerberus.

The company intends to use the funds to expand production of its flagship products SuperNODE and Gryf and accelerate innovation with a clear focus on AI inferencing.

Led by CEO Alan Benjamin, GigaIO provides scalable AI infrastructure open platform built for every accelerator. Its products are

• SuperNODE, an energy-efficient scale-up AI computing platform.
• Gryf, a suitcase-sized AI supercomputer that brings datacenter-class computing power directly to the edge.

Both use GigaIO’s patented AI fabric that provides ultra-low latency and direct memory-to-memory communication between GPUs for near-perfect scaling for AI workloads.

Its patented FabreX AI memory fabric architecture enables the dynamic composition of compute, GPU, storage, and networking resources, generating performance and cost efficiencies. As AI models grow larger and more complex, FabreX provides the flexibility needed to scale infrastructure on demand, at the rack level and beyond.

GigaIO plans to complete a second close of the Series B in the coming months

FinSMEs

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