Saturday, April 27, 2024
Technology News
Trusted, Accurate, and Validated
Home / Business  / rENIAC Brings In New Funding

rENIAC Brings In New Funding

rENIAC Brings In New Funding

Enterprise IT startup rENIAC closed a new round of financing, led by Intel Capital.

According to the company, rENIAC’s distributed data engine was designed to benefit existing databases, file systems, networking, and storage solutions while freeing more CPU resources in public cloud, hybrid, and on-premise data centers.

Intel’s investment in rENIAC is part of $60 million worth of investments in 15 technology startups that represent multiple aspects of the data lifecycle – including analyzing, capturing, managing, and securing data.