Intel Capital, the corporate venturing unit of US-listed chip and data company Intel, has invested in the $20m spinout of its parent company’s omni-path architecture (OPA) high performance fabric into a new company, Cornelis Networks.
Alongside Intel Capital in Cornelis’ series A round were venture capital firms Downing Ventures and Chestnut Street Ventures.
Intel launched Omni-Path in late 2015 after Intel’s earlier purchase of Cray.
Trish Damkroger, vice-president and general manager of Intel’s high-performance computing (HPC) division, said: “Intel believes Cornelis…
