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rENIAC logo — Drop-in Data Acceleration for Existing Open Source Databases

rENIAC

Drop-in Data Acceleration for Existing Open Source Databases

Founded 2012 United States Santa Clara, United States 6 employees Series A Total: $1.53M Analytics, Big Data +2

General Information

Company Name rENIAC
Founded Year 2012
Location United States Santa Clara, United States
Employees 6
Industries Analytics, Big Data, Data Analytics +1
Funding Stage Series A
Social

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About rENIAC

Reniac is a data acceleration startup that aims to optimize existing open source database implementations for data-centric applications like AI, ML, fraud prevention, payment processing, identity resolution, and recommendation engines. Founded in 2012 and headquartered in the United States, the company offers a Data Engine that can be deployed in minutes on prem, hybrid or in the cloud. This engine can function as a hardware-optimized cache, a transparent proxy for data acceleration, or a supercharged storage engine. Reniac leverages the power of FPGAs and proprietary software to provide industry-leading customers with reduced CPU usage and node count, increased performance, and consistent, predictable SLAs unattainable through a traditional database alone. The company's slogan "Drop-in Data Acceleration for Existing Open Source Databases" succinctly captures its mission. Reniac's latest milestone includes a Series A investment in 10th March 2020, where it secured funding from a notable group of investors including Divergent Capital, Upheaval Investments, Bullpen Capital, Intel Capital, UMC Capital, Leawood VC, J-Angels. The company operates in the Analytics, Big Data, and SaaS industries, positioning itself at the intersection of cutting-edge technology and data-driven solutions. With a strong focus on performance enhancement and optimization within the realm of open source databases, Reniac presents an intriguing opportunity for investors looking to capitalize on the growing demand for efficient data processing solutions in the modern tech landscape.

Taxonomy: Data Acceleration, Open Source Databases, ML, Fraud Prevention, Payment Processing, Identity Resolution, Recommendation Engines, FPGAs, Hybrid Cloud, Data Optimization, Hardware-Optimized Cache, Transparent Proxy, Supercharged Storage Engine, Entrepreneurial Experience

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A Undisclosed 7
Divergent Capital Upheaval Investments Bullpen Capital
Divergent Capital, Upheaval Investments +5
10 Mar 2020
Series A Undisclosed 1
J-Ventures
J-Ventures
01 May 2019
Venture Round Undisclosed 2
Bullpen Capital Menlo Ventures
Bullpen Capital, Menlo Ventures
15 Dec 2017
Venture Round $1.50M -
01 Jul 2015
Seed Round $28.00K -
10 Jul 2013

rENIAC Alternatives & Competitors

rENIAC vs
Swarm64
Swarm64 Germany

The PostgreSQL High Performance Innovators

Acquired
2 employees
Analytics, Data Analytics

FAQ About rENIAC

Drop-in Data Acceleration for Existing Open Source Databases
rENIAC was founded in 2012.
rENIAC is headquartered in Santa Clara, United States.
rENIAC operates in Analytics, Big Data, Data Analytics and SaaS. Its work centres on Data Acceleration, Open Source Databases, ML and Fraud Prevention.
rENIAC has approximately 6 employees.
rENIAC has completed 5 funding rounds, raising a total of $1.53M. The latest funding stage is Series A.
Top alternatives and competitors to rENIAC include Swarm64. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
rENIAC and Swarm64 are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for rENIAC, https://bouncewatch.com/company/reniac, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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