Edge supercomputer startup receives $15M

May 16, 2019 //By Rich Pell
Edge supercomputer startup receives $15M
Tech startup Quadric.io (Burlingame, CA) has announced that it has received $15 million in funding to build what it says will be the first ever supercomputer for edge devices, comprising both high-performance computing and artificial intelligence in a single unified architecture.

The company says it is building the world's first supercomputer specifically designed for the real-time needs of autonomous systems. Offering a single unified hardware architecture and software model, the platform is designed to increase computation speed while reducing power consumption, which, says the company, can lead to increased safety and performance in better designed machines.

"We're developers ourselves and have seen the shortcomings of existing technologies for real-time edge computing," says Veerbhan Kheterpal, CEO and co-founder of Quadric.io. "We're building the Quadric platform to address this and unlock new capabilities that will accelerate development of autonomous systems. Quadric is the next step in the virtuous cycle of better platforms enabling better algorithms, leading to better app engagement that in turn drives better innovation."

According to the company, it has completely re-architected the full stack - going from silicon to software - to meet the unique needs of computing on the edge, which requires near instantaneous processing speed and responsiveness at the machine level. Built around the Quadric Processor, the supercomputer is plug-and-play, enabling innovators to plug in their sensor set and build their entire application to support near instantaneous decision making. Early testing of its system, says the company, has shown up to 100x lower latency and a 90% reduction in power consumption.

The funding round was led by strategic investor DENSO Group Company, NSITEXE, Inc. DENSO CORPORATION is a tier 1 automotive company, who will also be one of Quadric's customers for future electronic systems in all levels of autonomous driving solutions.

In addition to Denso, Leawood VC participated in the Series A round, and Pear, Uncork Capital, SV Angel, Cota Capital, and Trucks Venture Capital were seed investors.


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