KALEAO Closes $4.5m Pre-Series A Funding Round and Restructures as Bamboo Systems to Address Market Need for Sustainable Data Centers

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CAMBRIDGE, United Kingdom and SAN JOSE, Calif., Dec. 03, 2019 (GLOBE NEWSWIRE) -- KALEAO today announced that it has become , a provider of transformative ARM server architecture designed to power the next generation of sustainable data centers. With a new management team in place, Bamboo Systems is poised to introduce its radically different approach to servers in a market with rapidly evolving requirements.

The company has closed a pre-Series A funding round led by . The new funding will be used to bring to market the only server designed to give hyperscale performance with ten times the density of today’s Intel-based servers.

The company’s new management team is made up of industry leaders including:

Data center power consumption is becoming a global concern, demanding over 2% of the world’s produced power and generating 2% of the world’s greenhouse gas emissions. The high compute demands of machine learning and artificial intelligence are pushing data centers to expand exponentially with power consumption predicted to grow 5x in the next five years.

“The future of the data center lies in the development of nimble solutions that possess the power to achieve results yet are also cognizant of the environmental impacts they produce,” said James Bruegger, Managing Partner, Seraphim Capital, who led the investment round. “As a specialist Space Tech-focused fund, at Seraphim we are investing into some of the most data-hungry companies on the planet. Finding a way to reduce the cost of these companies’ compute and storage demands has become a pressing issue. With its powerful, compact, and energy-conscious design, we believe that Bamboo Systems’ revolutionary new ARM-based servers will have a huge impact both in Space Tech and the wider $80 billion server market. We believe Bamboo Systems is one of the first technological harbingers of the paradigm shift we are about to see in the power consumption of the data center.”

The Bamboo Systems server architecture uses ARM processors in a dense configuration to deliver a massive reduction in power consumption, using one quarter of the power of an equivalent Intel-based system. This new architecture maximizes the performance of modern application design while providing ten times the density of today’s servers, at one third the cost. 

“Bamboo Systems and its new management team are dedicated to changing the future of data center design. ARM has become the architecture of choice for every industry that faces power challenges and we have created a revolutionary server design that brings the energy efficiency, compactness and the scalability of mobile ARM to the data center,” said Tony Craythorne, CEO, Bamboo Systems. “The world’s power grids cannot support the data centers planned for the next five years without a dramatic shift in server design, and Bamboo Systems will lead the industry in meeting this market challenge.”

More news and information about Bamboo Systems

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Globe Newswire: 11:00 GMT Tuesday 3rd December 2019

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