Bamboo Systems, the Arm-only server
vendor, today announced that it has secured a new, significant round of $7
million USD in funding. This new infusion is being led by existing investors
Seraphim Capital and Opea Holding and with support from the UK's £1.25 billion
Future Fund, a government funding package designed to support startups driving
innovation and development through the coronavirus outbreak.
Arm-based compute platforms
have been gaining traction, with AWS expanding their Graviton offerings, to
Apple's announcement to switch from Intel to Arm for all its Macs, and the
world's fastest supercomputer, Fugaku, based on Arm. Now, with NVIDIA's recent
announcement that it plans to acquire the company, Arm architecture is poised
to disrupt the status quo in compute.
"We are so pleased that
Seraphim Capital and Opea Holdings are continuing to invest in Bamboo with
another strong show of support for our unique server architecture," said Tony
Craythorne, chief executive officer, Bamboo Systems. "We're also delighted that
the UK Future Fund has invested in us as well. These investments underscore the
value of our technology that is about to fundamentally change the concept of
compute in the data center."
Earlier this year, Bamboo
announced its ground breaking B1000N
Series of servers. A fully configured B1008N consists of 8
servers providing 128 cores, 16 DDR4 memory channels to 512GB DRAM, 24GB/s to
64TB of NVMe storage, fed through 160Gb/s network bandwidth. This is delivered
in a single rack unit (1U) at approximately 50% of the cost of a legacy
Intel-based server, 25% of the energy consumption, and 20% of the rack space.
"We are delighted to continue to support Bamboo
Systems at a time when interest in Arm servers has never been higher. With the
likes of AWS, Apple and now Nvidia betting big on Arm, we believe now is the
moment for Arm servers to make a major impact on the $80 billion server
market," said James Bruegger, Managing Partner, Seraphim Capital. "Bamboo's
revolutionary server architecture holds the key to delivering the massive
space, cost and energy savings that the server market desperately needs."