San Jose-headquartered company Arrcus Inc. successfully raised $30 million in funding from a consortium of investors led by Nvidia Corp., aimed at bolstering its platform designed to streamline data traffic management for enterprises.
Arrcus boasts a customer base that includes SoftBank Corp. and Target Corp., and specialises in optimising data flow across networks crucial for enterprises, data centres, and users. The startup disclosed plans to utilise the capital infusion to scale its global operations and further enhance its technology infrastructure.
Arrcus’ ACE platform, powered by NVIDIA BlueField DPU, employs a distributed microservices architecture that offers flexibility, high performance, scalability, full programmability, modularity, and readiness for hybrid cloud environments.
It supports diverse deployment options such as data processing units (DPUs), merchant silicon, and compute infrastructure. This enables a wide array of applications including low-latency data centre networking, modern edge setups, telecommunications access and transport, and hybrid multi-cloud connectivity.
“We are thrilled to welcome NVIDIA as our latest investor and look forward to building on our collaboration. Arrcus’ leading networking software coupled with NVIDIA’s AI infrastructure will help deliver maximum efficiency to customers from data centres as well as their edge and cloud computing environments,” said Arrcus CEO and chairman, Shekar Ayyar.
India Presence
Founded in 2016, the startup has around 150 employees and a significant number of them work out of the startup’s campus in Bengaluru. A few years ago, the Bengaluru team expanded its support and engineering team.
Saudi Aramco’s venture arm Prosperity 7 Ventures, Hitachi Ventures, and General Catalyst, were some of the prominent backers of this recent funding round.
It’s interesting to note that NVIDIA has been investing and acquiring startups that are providing solutions to enterprises through development or networking platforms. This week, NVIDIA acquired San Francisco-based AI development platform Brev.