Axiado: Hardware-Anchored Platform Security Solutions Company Raises $60 Million (Series C)

By Amit Chowdhry • Dec 5, 2024

Axiado, a hardware-anchored platform security laeder, announced it raised $60 million in an oversubscribed Series C funding round, led by Maverick Silicon and with participation from Samsung Catalyst Fund, Atreides Management, and Crosslink Capital. This funding will drive the company’s rapid growth and continued innovation in AI-driven cybersecurity technologies redefining platform security and energy efficiency for accelerated computing in AI data centers.

Axiado’s Trusted Control/Compute Unit (TCU) tackles some of the most pressing challenges in platform security for accelerated computing and AI data center power efficiency.

Axiado’s AI-based hardware-anchored TCU solution provides pre-emptive threat detection and real-time mitigation to combat these escalating digital threats. And AMD projects the AI data center accelerator market to grow more than 60% annually, reaching $500 billion by 2028. Axiado’s approach to platform security is essential for safeguarding the expanding data center infrastructure as AI technologies permeate cloud computing, data centers, networking, and storage.

Beyond platform security, Axiado’s Dynamic Thermal Management (DTM) solution – embedded within the TCU – was designed to meet the power efficiency demands of AI data centers. Utilizing on-chip AI cores, Axiado’s DTM solution optimizes thermal management by predicting and adjusting cooling requirements, whether air-cooled or liquid-cooled based on real-time data. This approach improves energy efficiency of AI servers and accelerates the move toward carbon-neutral data centers through secure, sustainable thermal management.

Axiado’s comprehensive platform security portfolio enables IT professionals and chief information security officers (CISOs) to deliver proactive, real-time protection for accelerated computing platforms. And the flagship TCU solution integrates key infrastructure security and management functions into a system-on-chip (SoC), offering essential compute, networking, and accelerator integration. These solutions are designed to detect, quarantine, and protect systems against breaches, vulnerabilities, and attacks as they occur directly in hardware.

Axiado will utilize the Series C funding for driving continued innovation, strengthen strategic partnerships with leading platform vendors like NVIDIA, AMD, Intel, and Arm, and accelerate go-to-market initiatives with OEM and ODM partners to drive Axiado solutions into the data centers. Recent company milestones include doubling Axiado’s headcount in Taiwan and India, expanding the San Jose team by 30%, and opening a new office in India to support continued growth.

KEY QUOTES:

“The oversubscription of our Series C funding strongly endorses the industry’s recognition of the need for an innovative, hardware-anchored, and AI-driven platform security solution for accelerated computing. This investment reflects the confidence our investors have in Axiado’s approach to platform security, management, and data center net-zero goals and reinforces our commitment to delivering solutions that address some of the most urgent challenges in today’s digital infrastructure.”

– Gopi Sirineni, CEO of Axiado

“We see a significant need in the market for innovative, hardware-anchored cybersecurity solutions, especially as the demand for secure and energy-efficient AI infrastructure continues to grow. We are excited to support Axiado’s mission to address these critical challenges and drive the future of AI data center platform management and security.”

– Andrew Homan, Managing Partner at Maverick Silicon

“As AI and accelerated computing transform data center demands, it’s crucial to integrate hardware-anchored security that adapts to high-performance infrastructures. We are excited to support Axiado and their AI-driven TCU technology, which has the potential to set new standards in platform security in the age of accelerated computing with AI.”

– Marco Chisari, Executive Vice President, Head of Samsung Semiconductor Innovation Center at Samsung Electronics

“Congratulations to Axiado on their successful Series C funding, one validation to the market’s demand for robust, hardware-anchored security in today’s AI-driven and hyperscale environments. Axiado’s TCU technology is differentiated, embedding AI-driven, zero-trust security directly into the silicon to confront ransomware and advanced threats in real time. As digital infrastructure scales and accelerated computing evolves, Axiado is leading standards for security, resilience, and innovation in the industry.”

– Patrick Moorhead, Founder, CEO, and Chief Analyst at Moor Insights & Strategy