Today Tokyo-based Startup XTREME DESIGN announced it has raised $700K of funding in its pre-series A round. Launched in early 2015, the Startup’s XTREME DNA software automates the process of configuring, deploying, and monitoring virtual supercomputers on public clouds.
Supercomputers are already used in industries such as manufacturing, pharmaceutical, genomics, etc. where a high-speed analysis systems are required. To handle the large amount of data, supercomputer class of thousands to sometimes ten thousands CPU core size is necessary and keeping up with its performance and cost are emerging issues. In order to solve these problems, XTREME DNA automatically constructs a high-speed analysis system on a public cloud in a very short period of time, optimally manages, and erases the system after use by a unique automatic engine. This unmanned service makes it possible to use supercomputers without knowledge of system construction, realizes high-speed Big Data analysis and drastic reduction of construction and operation cost.
This funding round is led by freebit Investment and includes individual investors, namely Kotaro Chiba (former Vice President of Japanese mobile game developer Colopl) and Yasumasa Manabe (CEO of Takamatsu-Kotohira Electric Railway). This funding is subsequent to the one of 30 million yen (about $260,000) conducted last March from its founders and angel investors. So total capital has reached $1M.
In related news, XTREME DESIGN will exhibit a new UI/UX concept and Data controller for supercomputers, IoT, and Big Data Analysis at the SXSW conference in March 10-19 in Austin, Texas.