GigaIO, a leader in scalable AI inferencing infrastructure, has secured $21 million in the first tranche of its Series B financing, led by Impact Venture Capital with contributions from CerraCap Ventures, G Vision Capital, Mark IV Capital, and SourceCode Cerberus.
This funding will enhance production of GigaIO’s flagship products, SuperNODE and Gryf, while advancing innovations in AI inferencing. Key focuses will include:
- Boosting SuperNODE production – Increasing manufacturing of this energy-efficient AI infrastructure solution.
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Accelerating Gryf deployment – Fast-tracking the rollout of Gryf, the world’s first suitcase-sized AI supercomputer, which offers datacenter-class computing at the edge.
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Investing in new product development – Expanding technology offerings through ongoing innovation.
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Expanding sales and marketing – Growing teams to meet rising demand for vendor-agnostic AI infrastructure.
GigaIO’s FabreX AI memory fabric allows dynamic scaling of compute, GPU, storage, and networking resources, providing performance and cost efficiencies unmatched by traditional architectures. The company plans to close a second tranche of its Series B in the coming months, amid strong interest from investors.
Advisor/support: Rockefeller Capital Management’s Technology Investment Banking division acted as the exclusive advisor to GigaIO for this transaction.
KEY QUOTES:
“We are thrilled to achieve this milestone with the support of Impact Venture Capital and our investors. With SuperNODE and Gryf, we have created a new paradigm for cost-effective and power-efficient AI inferencing infrastructure. Our vendor-agnostic platform uniquely frees customers from dependency on single-source AI chips and architectures. Whether it’s GPUs from NVIDIA and AMD or new AI chips from innovators like Tenstorrent and d-Matrix, GigaIO enables customers to leverage the best technologies without vendor lock-in. This funding gives us the fuel to move faster and meet the surging demand.”
Alan Benjamin, CEO of GigaIO
“GigaIO’s innovative infrastructure is precisely what businesses need to harness the transformative power of AI. As enterprises and cloud providers race to deploy AI at scale, GigaIO delivers a uniquely flexible, cost-effective, and energy-efficient solution that accelerates time to insight. We believe GigaIO has assembled a world-class team and is poised to become a foundational pillar of tomorrow’s AI-powered infrastructure, and we’re proud to back their vision.”
Jack Crawford, Founding General Partner at Impact Venture Capital
