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Japanese HPC Cloud Startup XTREME Design Raises $2.75M

Today Japanese HPC Cloud Startup XTREME Design announced the completion of a $2.75M financing agreement in Series-A round funding led by World Innovation Lab (WiL). The total funding amount is now $4M, including the previous Pre-A round, and WiL is now the lead investor. XTREME-D will be exhibiting at SC17 in Denver, where the company will be launching and pre-announcing several new products.

XTREME-D is well-known in Japan for architecting technical computing in the cloud. The company develops and sells XTREME DNA, a cloud-based, virtual, supercomputing-on-demand service that provides unattended services ranging from the construction of a high-speed analysis system on the cloud to optimal operation monitoring, and eliminates the systems after use. XTREME DNA was launched to cut costs and make it easy to build HPC clusters in just in 10 minutes. Cost savings extend beyond equipment, as engineers with the specialized skills required to construct complex clusters are no longer needed.

XTREME-D’s new funding will be utilized for R&D, market launch in the US, expanding the feature set of the company’s current products, and developing new solutions for launch in H1 next year. Details about upcoming products can be shared in private meetings at XTREME-D’s booth at Supercomputing, where demos of XTREME DNA and the launch of their new Computer Aided Engineering (CAE) template for ChainerMN (the distributed cloud version of the advanced parallel deep learning framework Chainer) can also be viewed.

The market is expanding rapidly as demand for high-speed analytical systems for the Internet of Things (IoT), Artificial Intelligence (AI), Deep Learning, and Machine Learning grows,” said Masataka Matsumoto, General Partner of WiL. “These systems are needed not just within traditional HPC but also across broader fields, such as smart cities and bioinformatics. XTREME Design provides access to supercomputing resources for companies that didn’t previously have it, and has tremendous growth potential right now within High Performance Technical Computing and beyond.”

XTREME-D is capitalizing on this exciting market environment with overseas business expansion to both North America and EMEA. Vitec Electronics Americas of San Diego, California, is XTREME-D’s first US reseller, utilizing XTREME-D to provide a range of products, including access to the world’s fastest class GPU instance of SkyScale (provided by One Stop Systems) running on Microsoft Azure. Partnership with WiL, which has offices in both Japan and United States, will help XTREME-D to make a full-scale entry into the North American market.

German-based ViMOS Technologies is XTREME-D’s first European reseller, and the company is interested in signing up additional ISVs and systems integrators across the US and EMEA.

We have a very strong offering that allows resellers to provide turnkey cloud-based virtual supercomputers to their customers, including software, middleware, and system configuration,” said Naoki Shibata, Founder and CEO of XTREME Design. “Being able to access a virtual supercomputer for minimal budget and no need of a specialized skill set to configure the system is a compelling sales pitch.”

Visit XTREME Design at booth #1485 at SC17 in Denver.

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