Pliops develops hardware-accelerated "data processors" designed to boost performance of databases and other applications that run on flash memory. Its processor delivers drive fail protection, in-line compression that maps variable-sized compressed objects to reduce wasted space, and a hardware-accelerated key-value storage engine. The company says its hardware frees CPUs from computationally intensive storage tasks, improving performance, reliability and scalability for data-intensive workloads. Pliops’ processor became commercially available last July and the team is focusing on accelerating data ingest for machine learning use cases. The startup reports deployments and pilots with unnamed customers including fintechs, medium-sized communication service providers, data center operators and government labs. Financially, Pliops closed a $100M Series D and has raised more than $200M in total capital to date, funds it plans to use to advance its hardware and software roadmap, broaden partner footprints and expand international headcount. Pliops builds a hardware-enabled storage engine (a storage processor) delivered as a PCIe card or cloud service that aims to unlock the full potential of SSD storage by improving cost, performance and endurance. Its platform combines patented data structures and algorithms to reduce data amplification and deliver up to 100x faster data access with lower computational load and power consumption. Pliops' storage processors are shipping to select customers and the company says it is engaged with major cloud providers, storage innovators and enterprise users as customers and partners. The company plans to scale its technology into new use cases, expand its product line, deliver broad availability of the storage processor, and offer the solution in multiple forms (on premises, cloud, integrated with customer products, or as an ASIC). Pliops also intends to double the size of the company by the end of 2021 and has expanded its executive team and resources to support that growth. The most recent financing positions the company to bring its storage processor to more customers and use cases. Pliops develops a storage processor product intended to enable cloud databases and enterprise data centers to access data faster while reducing compute load, network traffic and power consumption. Its processor targets scalability challenges for cloud storage and the growing data needs of AI and ML, and integrates via standard APIs with major cloud databases such as MySQL and Cassandra. The offering is positioned for use across big data, software-defined storage, hyperconverged infrastructure, HPC, telco, edge and all-flash array architectures. The company was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO and holds eight core patents pending. Pliops plans to accelerate development of its storage processor technology and expand teams in the US, Israel and China, with a product debut planned for mid-2019. Leadership includes CEO Uri Beitler and President/chief business officer Steve Fingerhut, who will lead global expansion.

Total raised

$195M

Funding rounds

3

Latest round

Series D

Latest activity

Aug 2022