USA – Pavilion Data Systems, a San Jose, Calif.-based data analytics acceleration platform provider and a pioneer of NVMe-oF, raised $45m in funding.
The round, which brings total outside capital investment increased to $107m, was led by Kleiner Perkins and Artiman Ventures. All existing investors participated in the funding, including Korea Investment Partners, SK Telecom Ventures, Taiwania Capital, Tyche Partners, DAG Ventures, and RPS Ventures. This investment round also was joined by new investors Mirae Asset, Liberty Street Advisors, and Gaingels. The company intends to use the funds to continue to expand operations and its business reach. Led by Dario Zamarian, CEO, Pavilion provides a data analytics acceleration platform enabling enterprises to derive value from their data—faster, and at scale. The company complements AI/ML, HPC, analytics, edge and other data-driven workloads and a data IO platform for GPU-based computing platforms. The Pavilion HyperParallel Data Platform, powered by Pavilion HyperOS, delivers performance and density, ultra-low latency, unlimited scalability, and flexibility, providing customers choice and control.In 2021, the company increased deployments within federal agencies and increased penetration into analytics use cases in Fortune 500 companies, including a top-20 banking institution, a top credit agency, and one of the largest hedge funds in the country. Pavilion doubled its new customers continuing its expansion into the life sciences, financial, and media and entertainment industry verticals and opened new sales offices in Atlanta, Boston, and London. 20/01/2022
