Liqid bags funding from DigitalBridge Ventures & Blackwells Capital
Category: #business  By Pankaj Singh   Date: 2022-05-04
  • share
  • Twitter
  • Facebook
  • LinkedIn

Liqid bags funding from DigitalBridge Ventures & Blackwells Capital

Liqid, the leading provider of composable infrastructure software platform, has recently announced that it has received strategic follow-on funding from the venture capital division of DigitalBridge Group Inc. – DigitalBridge Ventures and Blackwells Capital.

Being an ecosystem in the middle of undergoing transformation linked with the propagation of AI (artificial intelligence) and other highly valued applications, the firm will be using the capital to create, identify, and pursue budding market opportunities for solutions based on Liqid Matrix™ CDI (composable disaggregated infrastructure) software.

Notably, the architecture of traditional data centers results in poor scalability & hardware sprawl, operational expenditures and wasted capital, and growing carbon emissions linked with inefficient growth. As AI constantly blurs the lines between cloud, on-prem, and edge computing, these IT environments can never fulfill the demand for productive data performance.

The Liqid Matrix CDI software platform offers cloud-like flexibility and speed, providing higher efficacy for data center infrastructure.

Users can deploy, configure and scale bare-metal servers within seconds and then reassign valuable resources through software as the need arises. The unique software and solution of Liqid offers new levels of resource utilization.

Sumit Puri, CEO & Cofounder, Liqid, said that the future of data centers belongs in the cloud, at the edge and on-prem, and everywhere in between, which signifies that infrastructure must be software-defined, adaptive enough for answering requests from every direction, and deliver the performance and intelligence needed to keep resources flawlessly balanced to avoid interruptions in mission-critical applications.

He continued that the team at Liqid is pleased to collaborate with DigitalBridge and Blackwells, using the collective insights of Liqid to imagine where the market will be going and build adaptive, intelligent, and more sustainable infrastructure solutions which solve the most urgent requirements of performance and efficiency today along with preparing the future growth of organizations.

Source Credit - https://www.businesswire.com/news/home/20220427006210/en/Liqid-Secures-Follow-on-Investment-from-DigitalBridge-Ventures-and-Blackwells-Capital

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Pankaj Singh    

...

Read More

More News By Pankaj Singh

Merck to create 370 new jobs following $470 Million investment in Cork
Merck to create 370 new jobs following $470 Million investment in Cork
By Pankaj Singh

Merck, a German multinational science and technology company, is planning an investment of around €440 million ($470 million) for expanding its facilities based in Cork and will be creating more than 370 novel jobs. The statement made in one ...

Tata backed Karkinos Healthcare receives funding from Mayo Clinic
Tata backed Karkinos Healthcare receives funding from Mayo Clinic
By Pankaj Singh

Karkinos plans on using these funds to develop advanced healthcare solutions in India. Under the agreement, Mayo Clinic will be nominating a member on the Board of Karkinos Tata Group has invested around Rs. 110 crore (USD 14.1 Million) in Ka...

Apple unveils new skills training to support growing IT employees
Apple unveils new skills training to support growing IT employees
By Pankaj Singh

American tech behemoth, Apple has unveiled updated professional training and certifications for IT management and support as the demand for trained technical and support staff in the IT enterprises is growing. As firms extend their use of technolo...