GigaIO Secures $21M to Scale AI Inferencing Infrastructure Solutions in Series B First Close
$21M in funding will help GigaIO scale AI inferencing infrastructure solutions that empower every accelerator, meeting surging industry demand for AI inferencing.
The new funding will enable GigaIO to expand production of its flagship products SuperNODE™ and Gryf™ and accelerate innovation with a clear focus on AI inferencing. Funding will be used to:
Ramp up production of SuperNODE, the most cost-effective and energy-efficient infrastructure designed for AI inferencing at scale.
Accelerate the deployment of Gryf, the world's first carry-on suitcase-sized AI inferencing supercomputer, which brings datacenter-class computing power directly to the edge.
Invest in new product development to broaden GigaIO's technology offerings.
Expand the sales and marketing teams to serve the increasing demand for vendor-agnostic AI infrastructure.
'We are thrilled to achieve this milestone with the support of Impact Venture Capital and our investors,' said Alan Benjamin, CEO of GigaIO. '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.'
GigaIO's patented FabreX™ AI memory fabric architecture enables the scale-up and dynamic composition of compute, GPU, storage, and networking resources — unlocking performance and cost efficiencies that traditional architectures are unable to deliver. As AI models grow larger and more complex, FabreX provides the flexibility needed to scale infrastructure on demand, at the rack level and beyond.
'GigaIO's innovative infrastructure is precisely what businesses need to harness the transformative power of AI,' said Jack Crawford, Founding General Partner at Impact Venture Capital. '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.'
GigaIO plans to complete a second close of the Series B in the coming months, citing continued strong interest from strategic and financial investors. Rockefeller Capital Management's Technology Investment Banking division served as the exclusive advisor to GigaIO in the transaction.
About GigaIO
GigaIO redefines scalable AI infrastructure, seamlessly bridging from edge to core with a dynamic, open platform built for every accelerator. Reduce power draw with GigaIO's SuperNODE, the world's most powerful and energy-efficient scale-up AI computing platform. Run AI jobs anywhere with Gryf, the world's first suitcase-sized AI supercomputer that brings datacenter-class computing power directly to the edge. Both are easy to deploy and manage, utilizing GigaIO's patented AI fabric that provides ultra-low latency and direct memory-to-memory communication between GPUs for near-perfect scaling for AI workloads. Visit www.gigaio.com, or follow on Twitter (X) and LinkedIn.
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