Official Press Release of XTREME DESIGN Inc.
XTREME DESIGN Raises $700K in Pre Series−A Round
March 3, 2017
March 3 — Tokyo-based XTREME DESIGN, the Japanese cloud-based virtual supercomputing on-demand service startup, announced on January 31 that it had fundraised $700K in its pre-series A round. This round is led by freebit Investment and includes individual investors, namely Kotaro Chiba (former Vice President of Japanese mobile game developer Colopl) and Yasumasa Manabe (CEO of Takamatsu-Kotohira Electric Railway). This funding is subsequent to the one of 30 million yen (about $260,000) conducted last March from its founders and angel investors. Total capital has reached $1M.
Also, XTREME DESIGN will exhibit a new UI/UX concept and data controller at the SXSW Trade Show to be held in Austin, Texas, starting March 10th. The company will exhibit the brand new UI/UX, “XTREME DNA 2.0” concept for HPDA (High Performance Data Analysis) mainly for the IoT Big Data analysis market.
About XTREME DESIGN
XTREME DESIGN started in February of 2015, based on Tokyo. It launched and demonstrated “XTREME DNA” at the global supercomputer conference Super Computing 2016, providing an unmanned service of operations monitoring / dynamic change of the configuration for effective system utilization by deploying virtual supercomputers on public cloud. The team have Industry leading technical skill sets for Supercomputing, DevOps, Cloud design and cool UI/UX.