ARM invests in cloud processor hopeful

April 15, 2019 //By Peter Clarke
ARM invests in cloud processor hopeful
Ampere Computing Holdings LLC (Santa Clara, Calif.), a fabless startup that is intended to address cloud computing with 64-bit ARM processors, has raised a second round of funding led by the investment firm Carlyle Group and including ARM.

Ampere has links that go back to the X-Gene processor business that previously belonged to Applied Micro Circuits Corp. and is led by former Intel senior vice president Renee James.

As with the previous first round raised in February 2018 (see Former Intel exec leads high-performance processor startup ) the size of the funding or the valuation were not revealed.

"We are thrilled with the progress Ampere has made over the past 18 months and are excited to continue supporting the team as they work to transform the market for server processors that power modern cloud workloads," said Patrick McCarter, managing director at The Carlyle Group, in a statement issued by Ampere.

Related links and articles:

www.amperecomputing.com

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