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Adam_a

MemVerge Announces $24.5 million Funding Milestone and New Stealth Product Release

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MemVerge’s built proprietary Distributed Memory Objects (DMO) technology into their new system, creating a logical memory-storage convergence layer that harnesses Intel’s new persistent memory. The company believes this will enable data-intensive workloads to run “flawlessly” at memory speed, including AI, machine learning, big data analytics, IoT and data warehousing use cases. MemVerge also claims that their system expands memory seamlessly and stores data consistently across multiple systems, which will allow organizations to analyze huge amount of data (both large and small files) in real-time.

 

 

MemVerge Announces $24.5 million Funding Milestone and New Stealth Product Release

 

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