InfiniBand received another vote of confidence today. This time the support came not from a server vendor, but from venture capitalists who served up Voltaire Inc., a maker of InfiniBand switches, with $15 million in financing (see Voltaire Inhales $15M).
Voltaire has lined up customers such as Sandia National Laboratories, Lawrence Livermore National Laboratory (LLNL), Los Alamos National Laboratories, Mississippi State University, and Ohio Supercomputer Center. CEO Ronnie Kenneth says the company will use its latest funding to expand sales, marketing, and customer service staffs, beefing up its current staff of 65 by about 30 percent, with expansion coming in the U.S., Europe, and Japan.
Kenneth says he thinks this round will take Voltaire to profitability, although he refuses to project how long that will take.
We are seeing a clear demand out there now, and we want to satisfy that demand, Kenneth says. Customers, end users, and server guys have started to not only show interest but to purchase InfiniBand.
Baker Capital Corp., Pitango Venture Capital,
and new investor Vertex Venture Holdings led Voltaires fourth funding round. Previous investors Platinum Venture Capital, Tamir Fishman Ventures, and Challenge Fund
also participated. Voltaire has now received $50 million in total funding.