Enterprise

Lightbits Labs lands $42M to speed up server data transfers

Comment

Servers in a rack
Image Credits: Ahrefs (opens in a new window)

Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch.

“Since its inception, NVMe has been revolutionizing the data storage industry with orders of magnitude higher levels of performance at increasing cost-effectiveness. But the problem is that traditional approaches to data storage are not a good match for NVMe’s performance capabilities and cost-effectiveness,” Kirzner said. NVMe is the storage access and transport protocol for flash and SSDs. “[Many data centers] were designed for spinning disks and are based upon a monolithic centralized controller-based architecture which results in lower performance and higher cost and complexity. And traditional software-defined storage systems . . . struggle to deliver even a fraction of the performance and cost-effectiveness that’s possible now with flash storage.”

Kirzner founded Lightbits in 2016 to solve the perennial storage/compute utilization problem. Alongside Sagi Grimberg and Avigdor Willenz, he developed a platform that leverages the NVMe/TCP standard — short for “nonvolatile memory express/transmission control protocol” — to lay on top of standard network infrastructure and drive high-performance, low-latency operations between NVMe-oF (nonvolatile memory express over fabric) hosts and controller devices.

NVMe-oF is an interface for accessing a computer’s nonvolatile storage, or storage that maintains its data when the computer is turned off. Lightbits, together with Meta, Intel, Cisco, Dell EMC, Micron and others, collaborated on the NVMe/TCP standard that was ratified in November 2019 by the NVM Express consortium.

“We recognized that traditional approaches to data storage were not able to keep up with the growing demand and were too expensive and difficult to maintain,” Kirzner said. “The software-defined cloud architectures popularized by the likes of Amazon Web Services, Amazon, LinkedIn, Facebook, and Microsoft Azure tap industry-standard compute, networking, and storage, and have steadily fueled the growth of an entire new industry. One particularly key area of innovation is the steady adoption of secure, safe, and scalable standard Ethernet TCP/IP networking at increasingly capable speeds. At the same time, newer forms of data storage are coming into the picture, such as NVMe solid state storage.”

Lightbits Labs
Image Credits: Lightbits Labs

Lightbits’ software-defined storage platform integrates with existing data center infrastructure. It can scale NVMe data transfer queues to many parallel connections, Kirzner claims, enabling them to achieve access latency of 100 to 120 microseconds or around 200 microseconds on commodity servers. Lightbits previously offered a custom-designed acceleration card to offload memory management and data transfer tasks from servers’ CPUs. But the company dropped it in recent months to focus on the software side.

“In an era of mixed applications — whether virtualized or containerized — delivering the right level of performance for those multi-cloud applications becomes a critical imperative. The enterprise needs agility, so we delivered a platform that can scale up or scale out, dynamically,” Kirzner said. “And it can be deployed on any cloud, whether it’s a private cloud or public cloud or an edge cloud.”

Lightbits has competition in NetApp, Vast Data, Amazon EBS, Pure Storage and Solarflare, the last of which has raised over $300 million in its 20-year history. But in a show of strength, Lightbits today closed a $42 million funding round led by Atreides Management with participation from JPMorgan, Valor Equity Partners, OG Tech and others. While this is a smaller round than the previous, Kirzner points to recent wins, including a certification to work with VMware’s vSphere and a partnership with Intel, an investor.

“The unprecedented events of the past two years have significantly impacted supply chains and have organizations thinking differently about their data infrastructure, and rapidly accelerating the adoption of cloud solutions. As a result, the demand for Lightbits accelerated during the pandemic. . . . We ended 2021 doubling our install base, increasing the [customer acquisition] pipeline by 2.3x,” Kirzner said. “This growth round investment is validation of our strategy and our mission to lead the cloud-native data center transformation by delivering scalable and efficient software-defined storage that is easy to consume.”

Customers include cloud service providers, financial services companies, edge cloud providers, content delivery networks and enterprise IT organizations in the Fortune 1000. While Kirzner declined to reveal concrete financials, he noted that the latest financing brings San Jose–based Lightbits’ total raised to date to over $100 million.

Lightbits currently employees 100 people, a number that the company plans to grow to more than 150 by the end of next year.

More TechCrunch

It’s unusual for three major AI providers to all be down at the same time, which could signal a broader infrastructure issues or internet-scale problem.

AI apocalypse? ChatGPT, Claude and Perplexity all went down at the same time

Welcome to TechCrunch Fintech! This week, we’re looking at LoanSnap’s woes, Nubank’s and Monzo’s positive milestones, a plethora of fintech fundraises and more! To get a roundup of TechCrunch’s biggest…

A look at LoanSnap’s troubles and which neobanks are having a moment

Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks payed over $1 billion.) According to Tabular co-founder Ryan Blue,…

Databricks acquires Tabular to build a common data lakehouse standard

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

The next few weeks could be pivotal for Worldcoin, the controversial eyeball-scanning crypto venture co-founded by OpenAI’s Sam Altman, whose operations remain almost entirely shuttered in the European Union following…

Worldcoin faces pivotal EU privacy decision within weeks

OpenAI’s chatbot ChatGPT has been down for several users across the globe for the last few hours.

OpenAI fixes the issue that caused ChatGPT outage for several hours

True Fit, the AI-powered size-and-fit personalization tool, has offered its size recommendation solution to thousands of retailers for nearly 20 years. Now, the company is venturing into the generative AI…

True Fit leverages generative AI to help online shoppers find clothes that fit

Audio streaming service TuneIn is teaming up with Discord to bring free live radio to the platform. This is TuneIn’s first collaboration with a social platform and one that is…

Discord and TuneIn partner to bring live radio to the social platform

The early victors in the AI gold rush are selling the picks and shovels needed to develop and apply artificial intelligence. Just take a look at data-labeling startup Scale AI…

Scale AI founder Alexandr Wang is coming to Disrupt 2024

Try to imagine the number of parts that go into making a rocket engine. Now imagine requesting and comparing quotes for each of those parts, getting approvals to purchase the…

Engineer brothers found Forge to modernize hardware procurement

Raspberry Pi has released a $70 AI extension kit with a neural network inference accelerator that can be used for local inferencing, for the Raspberry Pi 5.

Raspberry Pi partners with Hailo for its AI extension kit

When Stacklet’s founders, Travis Stanfield and Kapil Thangavelu, came out of Capital One in 2020 to launch their startup, most companies weren’t all that concerned with constraining cloud costs. But…

Stacklet sees demand grow as companies take cloud cost control more seriously

Fivetran’s Managed Data Lake Service aims to remove the repetitive work of managing data lakes.

Fivetran launches a managed data lake service

Lance Riedel and Nigel Daley both spent decades in search discovery, but it was while working at Pinterest that they began trying to understand how to use search engines to…

How a couple of former Pinterest search experts caught Biz Stone’s attention

GetWhy helps businesses carry out market studies and extract insights from video-based interviews using AI.

GetWhy, a market research AI platform that extracts insights from video interviews, raises $34.5M

AI-powered virtual physical therapy platform Sword Health has seen its valuation soar 50% to $3 billion.

Sword Health raises $130 million and its valuation soars to $3 billion

Jeffrey Katzenberg and Sujay Jaswa, along with three general partners, manage $1.5 billion in assets today through their Build, Venture and Seed strategies.

WndrCo officially gets into venture capital with fresh $460M across two funds

The startup targets the middle ground between platforms that offer rigid templates, and those that facilitate a full-control approach.

Storyblok raises $80M to add more AI to its ‘headless’ CMS aimed at non-technical people

The startup has been pursuing a ground-up redesign of a well-understood technology.

‘Star Wars’ lasers and waterfalls of molten salt: How Xcimer plans to make fusion power happen

Sékr, a startup that offers a mobile app for outdoor enthusiasts and campers, is launching a new AI tool for planning road trips. The new tool, called Copilot, is available…

Travel app Sékr can plan your next road trip with its new AI tool

Microsoft’s education-focused flavor of its cloud productivity suite, Microsoft 365 Education, is facing investigation in the European Union. Privacy rights non-profit noyb has just lodged two complaints with Austria’s data…

Microsoft hit with EU privacy complaints over schools’ use of 365 Education suite

Since the shock of Russia’s 2022 invasion of Ukraine, solar energy has been having a moment in Europe. Electricity prices have been going up while the investment required to get…

Samara is accelerating the energy transition in Spain one solar panel at a time

Featured Article

DEI backlash: Stay up-to-date on the latest legal and corporate challenges

It’s clear that this year will be a turning point for DEI.

19 hours ago
DEI backlash: Stay up-to-date on the latest legal and corporate challenges

The keynote will be focused on Apple’s software offerings and the developers that power them, including the latest versions of iOS, iPadOS, macOS, tvOS, visionOS and watchOS.

Watch Apple kick off WWDC 2024 right here

Hello and welcome back to TechCrunch Space. Unfortunately, Boeing’s Starliner launch was delayed yet again, this time due to issues with one of the three redundant computers used by United…

TechCrunch Space: China’s victory

The court ruling said that Fearless Fund’s Strivers Grant likely violates the Civil Rights Act of 1866, which bans the use of race in contracts.

An appeals court rules that VC Fearless Fund cannot issue grants to Black women, but the fight continues

Instagram Threads is rolling out the ability for users to signal which sort of posts they wanted to see more or less of by swiping.

You can now customize your For You feed on Threads using swipes

The Japanese billionaire who commissioned SpaceX for a private mission around the moon on a Starship rocket has abruptly canceled the project, citing ongoing uncertainties around when the launch vehicle…

Japanese billionaire pulls plug on private ‘dearMoon’ lunar Starship mission

Malicious actors are abusing generative AI music tools to create homophobic, racist, and propagandic songs — and publishing guides instructing others how to do so. According to ActiveFence, a service…

People are using AI music generators to create hateful songs

As WWDC 2024 nears, all sorts of rumors and leaks have emerged about what iOS 18 and its AI-powered apps and features have in store.

What to expect from Apple’s AI-powered iOS 18 at WWDC