Arm invests cash in California company in Carlyle Group-led funding round
Cambridge super chip architect Arm has piled unspecified investment into California-based Ampere Computing. Current investor The Carlyle Group led the round with participation from other existing backers.
This marks the second major investment round for Ampere, which was launched in 2017. The parties would not disclose the amount of new capital or valuation.
Ampere is designing the future of hyperscale cloud and edge computing with its 64-bit Arm server processor architecture.
Born in and built for the cloud with a modern architecture, Ampere gives customers the freedom to accelerate the delivery of the most memory-intensive applications such as artificial intelligence, big data, machine learning and databases in the cloud.
The Ampere eMAG™ family of products delivers the highest memory throughput and lowest TCO tailored for the emerging growth of cloud computing and next-generation data centres.
“This significant investment from Arm and our initial investors signals their confidence in the future of Ampere and allows us to continue to accelerate and deliver our robust roadmap,” said Renee James, Ampere founder, CEO and chair.
Rene Haas, president Arm IP Products Group, added: “A robust ecosystem is critical to advance the Arm® architecture as the foundation for transforming the modern cloud to edge infrastructure.
“Investing in Ampere underscores Arm’s commitment to accelerating both our ecosystem and availability of diverse Arm-based silicon solutions for an infrastructure market long deprived of choice and flexibility.”