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Liqid Secures $10 Million in Series A

Raising $20 million to date

Liqid Inc., provider of on-demand composable infrastructure (CI) technologies, announced that it has secured $10 million in Series A funding led by Marker Hill Capital LLC, joined by existing investor and strategic partner, Phison Electronics Corporation.

Along with previous seed funding from Kingston Technology Corp., Phison Electronics Corp., ABR Capital Management and DH Capital LLC, the company has now raised $20 million to drive the future of CI architecture in the datacenter.

Liqid will use the funding to accelerate development of its  CI platform for 2017 availability, recruit additional engineering talent, and drive its sales and marketing efforts to meet demand for the company’s approach to datacenter resource agility.

Traditional approaches to datacenter architecture have fallen short of addressing the growing need for data agility and infrastructure flexibility and efficiency. Liqid has risen to the challenge by delivering the world’s first truly composable infrastructure, offering a timely revolution in infrastructure that enables IT users to pool and deploy compute, networking, storage, and graphics processing at the bare-metal server level,” said Tom Juracek, MD, Marker Hill. “The Liqid CI Platform enables the kind of data agility IT users require, providing unprecedented ability to scale infrastructure resources to meet demand and instantly reprovision when their needs change.”

The CI Platform increases business agility by allowing IT administrators to automate their infrastructure resources to meet the demands of both legacy and modern software while scaling and composing on demand to accommodate business critical applications.

Data center architectures have seen significant advances with the advent of the cloud era but have remained shackled by the motherboard/chassis paradigm, which locks resource allocation to the point of purchase. Through innovations in low-latency fabrics and intelligent software, the CI Platform addresses this painful and costly limitation by leveraging pools of compute, networking, storage, and graphics processing residing on the PCIe fabric, managed by CI software, to deliver transformative results.

With this platform built on disaggregated resource pools, users are freed from the restrictions of the motherboard/chassis configuration that has remained one of the final physical limitations of the digital world. Data center resources can now communicate natively via Liqid Grid, Liqid’s PCIe-based fabric switch. CI software allows IT users to orchestrate resources as needed and instantly reallocate physical resources as business needs change.

We are excited and humbled that these incredible partners have recognized the unparalleled value that Liqid CI presents the market,” said Jay Breakstone, CEO, Liqid. “With a strong technological foundation and some of the most talented engineering and business professionals in the business, we are eager to use this funding to expand our team, refine our industry-leading CI offering, and educate the marketplace on the value of the unprecedented data agility that the Liqid CI platform brings to modern datacenter architecture.”

Liqid has existing OEM partnerships with Kingston Technology and cloud computing total solutions provider Inspur Group Co., Ltd.

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