MemVerge

Computing, Memory, Storage

Business Overview

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.

Operating Status
Active
Founded
August 2017
Employees
37
Business model
B2B
Funding stage
Series B
Business stage
Launched
Total funding
$43.5 Million
Sectors
Computing, Memory, Storage, Technologies

Board Members and Advisors

MemVerge
Heejin Chung
Board Observer
MemVerge
Jehoshua (Shuki) Bruck
Board Member

Funding Rounds

New wpDataTable

Date Announced

Funding Round

Amount Raised

Investors

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