Lightbits Labs raises $50 million for software-defined 'disaggregated' server technology
Datacenters with servers directly attached to solid-state drives (SSDs) often suffer from an imbalance of storage and compute: Either there’s not enough processing power to go around, or physical storage limits get in the way of daily data transfer operations. Four-year-old startup Lightbits Labs claims it has the solution to the perennial underutilization problem, and it’s raising money to prove out its approach. The company today announced that it has raised $50 million in funding led by strategic partners Dell EMC, Cisco, Micron, SquarePeg Capital.
is piece talks about data transport solutions from Data Expedition, Blockchain and secure storage from IBM and series B funding for Spin Memory.
