Tuesday, February 13, 2018

Tachyum Scores New Funding

Campbell, California-based Tachyum, a stealth-mode developer of information processing technology, said today that it has received a venture capital investment from IPM Growth. Size of the funding was not announced. IPM Growth is the venture capital division of InfraPartners Management LLP. Tachyum's CEO is Dr. Radoslav "Rado" Danilak. Tachyum says it is developing a "Cloud Chip" which it says will reduce data center compute and storage hardware capital expenditures, hardware power consumption, and rack space in data centers.