SpyderByte: EnterpriseLinux.org OpenVMS.org EnterpriseUNIX.org Tru64.org ShannonKnowsHPC.com Insight64.com

Tell them LinuxHPC.org sent you
Visit:
 Linux High Performance Technical Computing, Linux High Availability and Linux Clustering
Home About News Archives Contribute News, Articles, Press Releases Mobile Edition Contact Sponsorship Search Privacy
Search Beowulf List Archives:
Search Linux-HA List Archives:
Search Linux-IA64 List Archives:
More Links
  • Printer friendly version
  • Share this story

  • Marketplace
    Cluster Quoter
    Hardware/Software Vendors
    Training
    LinuxHPC.org Gear
    Submit Vendor
    News
    Submit News/Article/PR
    Latest News
    Newsletter
    News Archives
    Search Archives
    Reference
    Beginners
    Whitepapers
    Documentation
    Software
    Lists/Newsgroups
    Books
    User Groups
    Linux HPC News Update
    Stay current on Linux related HPC news, events and information.
    LinuxHPC Newsletter

    Other Mailing Lists:
    Linux High Availability
    Beowulf Mailing List
    Gelato.org (Linux Itanium)

    Linux Cluster Resources
    Beowulf.org
    Beowulf Users Group
    The Aggregate
    Top500
    Cluster Benchmarks
    Cluster Computing Info Centre
    ClusterWorld Magazine
    Coyote Gultch
    Linux Clustering Info Ctr.
    Robert Brown
    Sourceforge Cluster Foundry
    HPC DevChannel
    OpenSSI
    Forums
    Beowulf Forum
    Apps Forum
    Interconnects Forum
    High Availability Forum
    AMD Forum
    Intel Forum
    Employment Forum

    LinuxHPC.org
    Home
    About
    Contact
    Mobile Edition
    Sponsorship

     Reach Multiple Vendors With One Linux Cluster RFQ Form
     Save time and effort. This one form will get your quote request to multiple Linux cluster vendors!





    PathScale Secures $15M in Series C Financing to Expand its Portfolio of Linux Cluster Accelerati
    Wednesday May 19 2004 @ 06:14AM EDT

    Sunnyvale, Calif. -- PathScale, Inc., developer of innovative software and hardware solutions to accelerate the performance and efficiency of Linux clusters, today announced it has closed an additional $15 million in funding to accelerate its aggressive growth plans. This latest financing round, led by Adams Street Partners of Chicago, follows A and B rounds totaling $14 million to equal $29 million now invested in PathScale. The new funds will be used for continuing technology development and an expansion of the company’s global sales, support and marketing capabilities. PathScale’s earlier investment partners included Charles River Ventures, Enterprise Partners Venture Capital, CMEA Ventures, ChevronTexaco Technology Ventures and the Dow Employees Pension Plan. All of the key existing investors participated in the oversubscribed Series C financing round.

    "Our evaluation of PathScale’s technology, its professional team and its target markets determined that this company represents a unique opportunity, because it is effectively solving some of the most critical problems in Linux cluster efficiency," said Tom Berman of Adams Street Partners, who is joining PathScale’s board of directors. “In addition to their superior 64-bit compilers, PathScale will be introducing some highly disruptive technology for scaling clustered servers”.

    Over the past 60 days, PathScale shipped its initial product, the PathScale EKO Compiler Suite for AMD Opteron™ and AMD Athlon64 processor-based systems, and announced a teaming agreement with IBM to jointly market Linux compilers to IBM HPC customers on a global basis. The company also provided details on its PathScale FastPath Partner Program and announced the first sixteen distribution partners to join the program.

    “PathScale has experienced tremendous demand for its 64-bit compiler products and intense interest in our future cluster acceleration technologies which is now reflected in a substantial increase in the valuation of our company." said Scott Metcalf, PathScale's president and CEO. "Everything is on track for us to continue our global product roll-out and fulfill our corporate goals of reducing the cost of deploying applications, enhancing their performance, and accelerating the adoption of cluster computing for a broad range of applications.”

    PathScale’s EKO compilers have been proven to be the world’s fastest 64-bit compiler suite for AMD Opteron™ and AMD Athlon64 processor-based systems running under Linux. SpecCPU2000 performance results, accepted and published by the SPEC committee on May 4, 2004, show the PathScale Complier Suite to be the fastest AMD64 compiler for both integer and floating point-intensive Linux-based applications.

    About Adams Street Partners Adams Street Partners is one of the largest global managers of private equity partnership investments in the world and has one of the longest histories. Together with its predecessor organizations, Adams Street Partners has been investing in and managing direct investments in private equity since 1972. Adams Street Partners has a comprehensive perspective on the industry through its established relationships and experience in all aspects of private equity. Adams Street Partners' direct investment team provides venture capital to growth and development-stage information technology, life sciences and business service firms primarily based in the United States. Adams Street Partners has invested over $400 million in 165 companies over the last 30 years.

    About PathScale

    Based in Sunnyvale, California, PathScale develops innovative technologies that substantially increase the performance and efficiency of Linux clusters, the next significant wave in high-end computing. Applications that benefit from PathScale’s technologies include seismic processing, complex physical modeling, EDA simulation, molecular modeling, biosciences, computational chemistry, rendering, resource optimization, decision support and data mining. The company has developed the industry’s highest performing C, C++, and Fortran 9X compilers for 64-bit AMD Opteron processor Linux-based computer systems. PathScale’s investors include Adams Street Partners, Charles River Ventures, Enterprise Partners Venture Capital, CMEA Ventures, ChevronTexaco Technology Ventures and the Dow Employees Pension Plan. For more details, visit www.pathscale.com, send email to sales@pathscale.com or telephone 1-408-746-9100.


    < Tennessee Is A Rising Star In Supercomputing | Compusys plc (UK) added to quote list >

    Sponsors/Affiliates







    The Beowulf Users Group
    www.bwbug.org
    ClusterWorld Magazine
    www.clusterworld.com
    ClusterWorld Conference & Expo
    www.clusterworldexpo.com/


    Mailing Lists
    Enter your email address to subscribe

    LinuxHPC.org Newsletter (details)
    LinuxHPC Managers List (details)

    Golden Eggs
    (HP Visual Diagram and Config Guides)
    Integrity:
    » rx2600 1500MHz 2P IA64
    » rx2600 Cluster MSA1000 IA64
    ProLiant:
    » DL140 3060MHz 2P IA32
    » DL145 2400MHz 2P Opteron
    » DL360 G4 3400MHz 2P EM64T
    » DL380 G4 3600MHz 2P EM64T
    » DL385 2600MHz 2P Opteron
    » DL560 3000MHz 4P IA32
    » DL585 2600MHz 4P Opteron
    Clusters:
    » Rocks Cluster 16-22 DL145 Opteron
    » Rocks Cluster 30-46 DL145 Opteron
    » Rocks Cluster 64-84 DL145 Opteron
    » LC3000 GigaE 24-36 DL145 Opteron
    » LC3000 Myri 16-32x DL145 Opteron
    » LC3000 GigaE 16-22x DL145 Opteron
    » LC2000 GigaE 16-22x DL360G3 Xeon
    Storage:
    » MSA500 G2, SCSI
    » MSA1500 24TB, SCSI and SATA



    The
    Beowulf
    Users
    Group





       



    Tell them LinuxHPC.org sent you


    Home About News Archives Contribute News, Articles, Press Releases Mobile Edition Contact Sponsorship Search Privacy
         Copyright © 2001-2005 LinuxHPC.org
    Linux is a trademark of Linus Torvalds
    All other trademarks are those of their owners.