Samsung Backs Bigstream in $19M Round
May 4, 2020
has completed a $19.1 million funding round led by new investor Xilinx
and existing investor Cota Capital, with participation from Samsung and
Bigstream provides hyper-acceleration software for popular big data and
machine learning platforms through advanced compiler and runtime
technology, and automatic programming of FPGAs.
Hyper-acceleration enables order-of-magnitude performance speedups of
platforms such as Apache Spark without changing application code and
without the need for special APIs. Furthermore, it achieves acceleration
automatically, so that users avoid the complexity of FPGA programming
Freddy Engineer, corporate vice president and general manager, Data
Center Group at Xilinx, said: "Getting all the insights from big data is
incredibly important to nearly every enterprise, and acceleration
technology is key. It is exciting to take Xilinx's collaboration with
Bigstream to the next level and invest in their continued growth."
"Bigstream has deep expertise in big data analytics and acceleration.
Smart SSD is a transformative technology that moves computation closer
to the data," said Daniel Lee, senior vice president, Storage Product
Planning and Customer Engineering at Samsung Electronics. "We are
excited to partner with Bigstream as a new investor and we've been
cooperating closely with its engineering team to deliver innovative
are excited to continue to support Bigstream alongside Xilinx, Samsung,
and SK hynix. We continue to believe that, as data volume and complexity
grows, big data workloads will need to be accelerated to drive down
costs and improve the latency of mission-critical analytics," said
Albert Azout, partner, Cota Capital.
Maysam Lavasani, founder and CEO of Bigstream, said: "Enterprises around
the world are losing billions of dollars because they are not truly
data-driven. These companies are unable to efficiently access valuable
insights from their large amounts of data, due to limitations of their
current analytic platforms, which are heavily reliant on older,
Lavasani added: "Bigstream's hyper-acceleration technology enables
enterprises to execute analytic workloads on advanced hardware,
providing significantly better performance. Moreover, it facilitates the
use of this hardware seamlessly, with zero code change. Bigstream is
excited to partner with major hardware companies worldwide to empower
our customers to become truly data-driven."