ScaleMP, Inc.
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ScaleMP, Inc. - overview
Established
2003
Location
Fort Lee, NJ, US
Primary Industry
Software
About
ScaleMP, Inc. specializes in advanced virtualization software solutions aimed at optimizing IT infrastructures and enhancing the performance of high-performance computing systems. Founded in 2003 and headquartered in Fort Lee, US, ScaleMP, Inc. develops software that transforms standard x86 servers into powerful high-performance computing clusters.
The company has secured a total of USD 10. 00 mn in funding, including a Series F round led by Leumi Partners in August 2017. Shai Fultheim, the CEO and founder, has an extensive background in technology and has previously founded other successful ventures. The firm has participated in three funding deals to date.
ScaleMP, Inc. offers a suite of virtualization software designed to enhance computing performance by enabling the use of standard x86 hardware for high-performance computing. Their flagship products include advanced virtualization solutions that allow clients to run complex workloads efficiently across various industries. The company targets a diverse clientele that includes enterprises in North America, Europe, and parts of Asia, providing solutions tailored to optimize their computing resources.
The company operates on a subscription-based revenue model, offering clients access to its virtualization software through various service tiers. These subscriptions cater to a wide range of users, from individual developers to large organizations needing multi-user licenses. Transactions are facilitated through the company's platform, ensuring a streamlined user experience with added features such as performance monitoring and resource management to enhance functionality. With the aim of expanding its market reach, ScaleMP, Inc.
is focused on launching new features and products designed to improve computing efficiency by mid-2024. The recent funding of USD 10. 00 mn from the Series F round will be allocated towards developing enhanced software capabilities and penetrating new markets, specifically targeting growth in Asia and Europe by the end of 2024. These initiatives will support the company's strategy to broaden its service offerings and establish a stronger global presence.
Current Investors
Leumi Partners, Lightspeed Venture Partners, Hong Shan
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Storage Management Software, Systems Management Software
Website
www.scalemp.com
Verticals
Cloud Computing, FinTech
Company Stage
Series F
Total Amount Raised
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