SK Hynix and existing investor Infosys both contributed to a series B round for software-defined server technology provider TidalScale.

US-based data centre technology developer TidalScale has secured $24m in a series B round featuring semiconductor technology producer SK Hynix and IT services provider Infosys.

Bain Capital Ventures, the venture capital arm of private equity firm Bain Capital, also participated in the round, along with VC firms Hummer Winblad Venture Partners and Sapphire Ventures as well as an undisclosed original equipment manufacturer.

Founded in 2012, TidalScale has developed software-defined server technology that enables organisations to rapidly create virtual servers that…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.