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Netpreme

Series B

Netpreme develops the world's first Memory Processing Unit (MPU) that extends XPU memory by 100x through its Networked Memory Tiering technology. The company's X-Mem technology provides a scalable solution for AI infrastructure, enabling memory-to-compute networking that addresses the critical memory bottleneck in AI system performance. Netpreme partners with industry leaders to bring networked memory tiering to AI…

High Tech · AI Infrastructure, · Cambridge, United States · EST 2024

About

Netpreme develops the world's first Memory Processing Unit (MPU) that extends XPU memory by 100x through its Networked Memory Tiering technology. The company's X-Mem technology provides a scalable solution for AI infrastructure, enabling memory-to-compute networking that addresses the critical memory bottleneck in AI system performance. Netpreme partners with industry leaders to bring networked memory tiering to AI data centers, with offices in Cambridge, MA and Santa Clara, CA. The technology supercharges AI systems by disaggregating memory from compute, allowing dynamic allocation and sharing of memory resources across networked infrastructure for improved utilization and reduced costs. Founded in 2024, headquartered in Cambridge, United States, The company has raised $11.7M at the Series B stage, backed by investors including E14 Fund..

Business model

AI Infrastructure > Enabling Technologies > Hardware > Processors > In-Memory Computing,

Photonics > Optoelectronics > Optical Network > Active Optical Network > Interconnects

Team background

Company Wise > Facebook,

College Wise > Tsinghua University, Massachusetts Institute of Technology

Institutional investors

E14 Fund

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