MemVerge

0 open

Milpitas, California, United StatesFounded 201768+ employees$43.5M raisedPrivate

Last round: series unknown · Dec 2022(5 rounds total)

Founded by Charles Fan, Shuki Bruck, Yue Li

Backed by(14 investors)

Foothill VenturesIntel CapitalCliffsMilano Investment Partners SGRLDV PartnersSK HynixCisco InvestmentsGlory VenturesGaorong CapitalNetApp ExcelleratorLightspeed Venture PartnersNorthern Light Venture Capital

In 2017, Intel released a new Optane SSD product. Under the covers of this new SSD was 3D XPoint, a new persistent memory. In the history of computing, “memory” and “storage” have always been two different concepts. Persistent Memory promises to change that and can be operated at memory speed while being persistent like storage. With the Optane SSD available, we knew that the real game changer, the persistent memory DIMM, was not far away. We decided, right at that moment, to start MemVerge. With every new hardware substrate, a new software stack will must be developed to allow the applications to take full advantage of the new hardware. In this case, that solution is Software for the new category called Big Memory. At MemVerge, our mission is to open the door to Big Memory Computing via the Memory Machine™ Software we develop. We are well on our way.