Elastics.cloud, a San Jose-based company that makes Smart Interconnect Technology, has raised $17M more in Pre-Series A funding.
The identities of the backers have not been disclosed. The funding brings the total Pre-Series A capital investment to over $26m.
The company has established a new design center at Bangalore, India. They plan to use the funds in San Jose, CA and Austin TX to grow their engineering teams, as well to increase the number of strategic customer partners/support resources in the USA and Asia.
Elastics.cloud is led by George Apostol, the founder and CEO. Smart Interconnect technology company. It focuses on building efficient, performant architectures that create flexible, scalable, and low latency composable system designs. The company offers silicon, hardware, as well as software, that use the Compute Express Link interconnect standard (CXL). This allows for high-performance connectivity across a wide range of components.
