Bamboo Systems Closes $4.5 Million Pre-Series A Funding Round

KALEAO Ltd. has become Bamboo Systems, a provider of transformative ARM server architecture designed to power the next gen of sustainable data centers.

With a new management team, Bamboo is poised to introduce its different approach to servers in a market with rapidly evolving requirements.
 
The company has closed a pre-Series A funding round led by Seraphim Capital. The new funding will be used to bring to market a server designed to give hyperscale performance with 10X the density of today’s Intel-based servers.
 
New management team is made up of people including:
• Tony Craythorne, CEO, who has over 25 years of experience leading high growth companies in USA, Europe and Asia. Most recently he was SVP of WW sales, Komprise, where under his leadership sales grew twenty-fold over one year. Previously, he has held executive positions at Nexsan, Hitachi Data Systems, and Brocade.
• Professor John Goodacre, co-founder and Bamboo System’s chief scientific officer who possesses expertise in the computer science community. He was formerly director of technology and systems, ARM Ltd., and prior to that, a group program manager at Microsoft. 
• Stewart Gallacher, COO, has over 20 years of experience in industrial operations, and most recently was VP of operations at Nexsan.
• Dr. Geoff Barrall, executive chairman, who has over 20 years of experience in the storage and server markets. He is the founder and CEO of 5 companies including BlueArc, Drobo and Connected Data and has also served on the boards of companies including Imation, Nexsan and Tacit Networks. He is currently CTO at Hitachi Vantara.

Data center power consumption is becoming a global concern, demanding over 2% of the world’s produced power and generating 2% of the world’s greenhouse gas emissions. The high compute demands of ML and AI are pushing data centers to expand exponentially with power consumption predicted to grow 5x in the next five years. 

“The future of the data center lies in the development of nimble solutions that possess the power to achieve results yet are also cognizant of the environmental impacts they produce,” said James Bruegger, managing partner, Seraphim Capital. “As a specialist Space Tech-focused fund, at Seraphim we are investing into some of the most data-hungry companies on the planet. Finding a way to reduce the cost of these companies’ compute and storage demands has become a pressing issue. With its powerful, compact, and energy-conscious design, we believe that Bamboo Systems’ revolutionary new ARM-based servers will have a huge impact both in space tech and the wider $80 billion server market. We believe Bamboo Systems is one of the first technological harbingers of the paradigm shift we are about to see in the power consumption of the data center.”

The Bamboo Systems server architecture uses ARM processors in a dense configuration to deliver a reduction in power consumption, using one quarter of the power of an equivalent Intel-based system. This new architecture maximizes the performance of modern application design while providing ten times the density of today’s servers, at one third the cost. 
 
“Bamboo Systems and its new management team are dedicated to changing the future of data center design. ARM has become the architecture of choice for every industry that faces power challenges and we have created a revolutionary server design that brings the energy efficiency, compactness and the scalability of mobile ARM to the data center,” said Craythorne. “The world’s power grids cannot support the data centers planned for the next five years without a dramatic shift in server design, and Bamboo Systems will lead the industry in meeting this market challenge.”       
                                                     
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