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Swarm64

Parkveien 41b, Oslo, Norway

Overview

Swarm64 develops FPGA-accelerated database management software that speeds analytic workloads on PostgreSQL. Its flagship product, Swarm64 Data Accelerator for Analytics, runs on servers with Xilinx Alveo cards and can deliver up to 50x faster analytic query and data insertion performance. The solution is positioned as a way for customers to replace legacy data warehouses with a hardware-accelerated, open-source PostgreSQL stack and lower total cost of ownership. Swarm64 will use the investment from Xilinx to develop reconfigurable FPGA-based features to accelerate specific workloads such as time series, full-text search, and geospatial. Founded in 2013, the company works closely with FPGA suppliers Intel and Xilinx and is backed by venture investors from the US, Norway, and Germany; it has offices in Berlin, Seattle, and Boston. CEO Thomas Richter emphasized improved price-performance, easier scaling, and the ability to reconfigure FPGA hardware for advanced features. Swarm64 offers the Scalable Data Accelerator (SDA), a hardware-accelerated solution that enables relational databases to perform real-time analytics on high-velocity and big data. The company combines FPGA design expertise with real-time database software to accelerate SQL database operations and shorten time-to-insight. Swarm64 says its technology delivers orders-of-magnitude faster performance to bring real-time applications to a broader commercial market. The company has highlighted cooperation with Intel to leverage Intel FPGAs and Xeon processors to serve a global market. Swarm64 was founded in 2013 and is a Norwegian company with operations in Berlin, Germany. The company recently completed a $12.5M Series B financing. Swarm64 develops a hardware and software solution to scale databases, centered on its Scalable Data Accelerator (SDA) and database extensions. The SDA and extensions build on open-source database systems and enhance them with a massively parallel processor architecture. Its first application family is SwarmDB, a plug-in for SQL databases. Founded in early 2013 by Eivind Liland, Thomas Richter and Alfonso Martínez, the company is led by CEO Dr. Karsten Rönner and is based in Berlin and Oslo. Swarm64 raised up to €7.1m ($8m) in funding to support market entry, team build-out and the establishment of US operations. Backers for the round included Alliance Venture, Target Partners and Investinor. Swarm64, co-founded in 2012 by Eivind Liland (CEO) and Thomas Richter, develops innovative server architectures and microprocessor technology aimed at optimizing power, logic and complexity. The company focuses on simplifying maintenance for data-heavy computing and emerging cloud applications while reducing costs. Its product work targets server-side performance and operational efficiency through architectural innovation. Swarm64 intends to continue developing its core technology and advance its designs with the newly raised capital. The company is based in Berlin, Germany. Financially, it completed a seed funding round (NOK4.5m / approximately €560k) to support ongoing development.

Total raised
$21M
Funding rounds
4
Latest round
Series B
Latest activity
Jan 2018

Industries

  • Analytics
  • Database
  • Field-Programmable Gate Array (FPGA)
  • Hardware
  • Software
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Recent funding

  1. Series B

    Jan 2018

    $13M

  2. Equity

    Sep 2015

    $8M

  3. Seed

    Aug 2013

    $1M

Team

  • Thomas Richter

    Founder and CEO

    LinkedIn
  • Alfonso Martinez

    Co-Founder & Hardware Designer

    LinkedIn
  • Otto Frøseth

    Non Executive Director

    LinkedIn
  • David Geier

    Head of Software Development

    LinkedIn