GigaSpaces Secure $12 Million Funding to Accelerate AI

GigaSpaces, a startup developing in-memory computing solutions for artificial intelligence (AI) and machine learning (ML) workloads has secured $12 million in funding. The firm will use the newly raised funds to accelerate product R&D, launch new initiatives, and increase field teams in different countries. GigaSpaces develop software that uses a server’s internal memory to process data at speed and at scale. It offers three core products in InsightEdge, XAP, and GigaSpaces Cloud.

GigaSpaces Launches GigaSpaces Cloud Managed Service on Google Cloud Platform

Source: https://venturebeat.com/2020/05/05/gigaspaces-raises-12-million-to-accelerate-ai-workloads-with-in-memory-computing/

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