Univa UD
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Univa UD - overview
Location
Lisle, IL, US
Primary Industry
Software
About
Univa UD specializes in developing software solutions for high-performance computing and workload management, delivering efficient resource optimization for diverse industries. Univa UD is focused on creating innovative software solutions that enhance high-performance computing capabilities. Based in Lisle, US, the company was formed to provide advanced workload management tools. The latest funding round took place in June 2017, where Univa UD raised USD 3.
49 mn from various investors, marking a significant step in their growth strategy. Univa UD offers high-performance computing software that aids organizations in optimizing their computing resources. Their solutions are designed to enhance workload management, ensuring efficient utilization of infrastructure for various applications across industries dependent on significant computational power. Revenue for Univa UD is generated primarily through software licensing and support services, enabling clients to effectively manage computing resources.
This approach ensures a steady income stream as organizations adopt their advanced workload management solutions. Univa UD plans to expand its product offerings with new features aimed at enhancing workload management efficiency, expected to be launched in late 2024. The company is also targeting expansion into the European and Asian markets by 2025, leveraging recent funding of USD 3. 49 mn to support these initiatives.
This funding will be utilized to enhance product development and marketing strategies, facilitating a broader reach in new geographic regions.
Current Investors
ARCH Venture Partners, Pritzker Group Venture Capital, Appian Venture Partners
Primary Industry
Software
Sub Industries
Software
Website
www.univaud.com
Company Stage
Series B
Total Amount Raised
Subscriber access only
Univa UD - employee data
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