Expanso, a distributed computing company based in Seattle, Washington, has secured a strategic investment from Samsung Next, signaling major ambitions to transform how data is managed and processed worldwide. Expanso, launched in early 2023 by tech veteran and former Kubernetes Product Lead David Aronchick, announced its closed financing from Samsung Next (the electronics giant’s venture capital arm).
This partnership highlights Expanso’s ambition to bring its distributed workload and data management technology to millions of users globally. The company raised $7.5 million in its seed round in November 2023.
With Bacalhau, this open-source platform being developed by Expanso, users can run workloads reliably across various environments, including cross-region, cross-cloud, on IoT, and edge devices, and even on unreliable networks. Its intelligent platform can reliably schedule workloads based on where customers need to execute them, with automatic queuing and rescheduling, audit logs, user authentication, and authorizations. It will notify users of successful job executions. Plus, this capability is perfect for handling vast amounts of data and extends to deploying ML models to edge devices. Paired with appropriate hardware, these models become more accurate and efficient, broadening the applications for edge ML.
Expanso has been gaining traction and establishing key partnerships with major companies. Intel and VMware have acknowledged its orchestration platform, especially for its application in edge machine learning.
Expanso’s strategy of enhancing existing data management solutions by improving data processing’s interoperability and efficiency is a key differentiator in a crowded market. And it tackles significant issues organizations face, like high costs, data silos, and integration challenges, aligning with the shift towards more flexible tech ecosystems.
By enabling workloads to run locally, Expanso addresses privacy and latency issues and unlocks new opportunities for real-time analytics and decision-making in fields such as autonomous vehicles, industrial automation, and healthcare. In a time when data privacy laws are tightening, Expanso’s focus on data protection and compliance is particularly relevant, and its feature to enable collaborative data analytics and ML model training without sharing raw data addresses privacy and regulatory demands, potentially setting a new standard for responsible data usage across industries.
This investment by Samsung Next has the potential to financially and strategically accelerate Expanso’s growth. And Samsung’s global reach and expertise in hardware, particularly in areas relevant to edge computing and IoT devices (combined with Expanso’s software capabilities) present a powerful synergy.
Expanso is strategically tackling modern data management challenges through a unified platform that spans cloud services, geographical regions, on-premises infrastructure, IoT, and edge computing, even over unreliable networks. And the commitment to interoperability, privacy, and compliance sets it apart in the market. For tech leaders and investors, Expanso stands out as a new player with significant potential for strategic partnerships, embodying a progressive perspective on technology development and deployment.
KEY QUOTE:
“Samsung is a global company with products and services that span every aspect of customer’s lives. Teaming up with Samsung Next is a no-brainer, and is core to our mission of tackling those pervasive data challenges. Our role is more about bridging gaps and enabling our customers to freely choose how and where to handle their varied workloads, all while ensuring they maintain full control over their data.”
- David Aronchick, CEO of Expanso
