What is Adaptive Computing?
Adaptive Computing is a pioneer in private/hybrid cloud, technical computing, and Big Data solutions, renowned for its Moab optimization and scheduling software. This technology empowers large enterprises across sectors like oil and gas, finance, manufacturing, and research to accelerate simulations and Big Data analytics with enhanced accuracy and cost-efficiency. By providing a competitive edge, Adaptive Computing's solutions enable groundbreaking advancements, from scientific discovery to economic improvement, positioning it as a critical player in the high-performance computing ecosystem.
How much funding has Adaptive Computing raised?
Adaptive Computing has raised a total of $25.1M across 6 funding rounds:
Series A
$14M
Series B
$6M
Debt
$3M
Debt
$1M
Debt
$990K
Debt
$150K
Series A (2010): $14M with participation from Intel Capital, Epic Ventures, and Spring Lake Equity Partners
Series B (2012): $6M, investors not publicly disclosed
Debt (2013): $3M supported by Spring Lake Equity Partners, Intel Capital, and Epic Ventures
Debt (2014): $1M, investors not publicly disclosed
Debt (2015): $990K, investors not publicly disclosed
Debt (2020): $150K with participation from PPP
Key Investors in Adaptive Computing
Spring Lake Equity Partners
Spring Lake Equity Partners is a Boston-based investment firm focused on private technology companies. They aim to partner with exceptional management teams to enhance business growth and create value for stakeholders.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies.
Epic Ventures
Epic Systems Corporation, also known as Epic, is a privately held healthcare software company. The company primarily develops, manufactures, licenses, supports, and sells a proprietary electronic medical record software application, known in whole as 'Epic' or an Epic EMR.
What's next for Adaptive Computing?
The substantial enterprise-level funding and recent strategic investment suggest Adaptive Computing is poised for accelerated growth and market expansion. This capital will likely fuel further development of its Moab platform, enhance its cloud and Big Data offerings, and potentially support strategic acquisitions or partnerships. The company's focus on enabling faster, more accurate, and cost-effective computation for Big Workflow applications indicates a strategic direction towards solidifying its leadership in technical computing and private/hybrid cloud environments.
See full Adaptive Computing company page
