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

Featured Article

More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or…

38 mins ago
More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50M from MARS Unicorn Fund.

MARS doubles down on India’s Infra.Market with new $50M investment

Small operations can lose customers by not offering financing, something the Berlin-based startup wants to change.

Cloover wants to speed solar adoption by helping installers finance new sales

India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.

Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway…

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running…

LatAm startups: Apply to Startup Battlefield 200

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price…

5 days left to get your early-bird Disrupt passes

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

Spanish startups reached €100 billion in aggregate value last year

Featured Article

Onyx Motorbikes was in trouble — and then its 37-year-old owner died

James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart.  Onyx was being evicted from its warehouse in El Segundo, Los Angeles. The company’s unpaid bills were stacking up. His chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou Jindao…

19 hours ago
Onyx Motorbikes was in trouble — and then its 37-year-old owner died

Featured Article

Iyo thinks its gen AI earbuds can succeed where Humane and Rabbit stumbled

Iyo represents a third form factor in the push to deliver standalone generative AI devices: Bluetooth earbuds.

19 hours ago
Iyo thinks its gen AI earbuds can succeed where Humane and Rabbit stumbled

Arati Prabhakar, profiled as part of TechCrunch’s Women in AI series, is director of the White House Office of Science and Technology Policy.

Women in AI: Arati Prabhakar thinks it’s crucial to get AI ‘right’

AniML, the French startup behind a new 3D capture app called Doly, wants to create the PhotoRoom of product videos, sort of. If you’re selling sneakers on an online marketplace…

Doly lets you generate 3D product videos from your iPhone

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, as Musk shores up capital to aggressively compete with rivals including OpenAI, Microsoft,…

Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has…

Indian EV startup Zypp Electric secures backing to fund expansion to Southeast Asia

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood,…

A venture capital firm looks back on changing norms, from board seats to backing rival startups

The families of victims of the shooting at Robb Elementary School in Uvalde, Texas are suing Activision and Meta, as well as gun manufacturer Daniel Defense. The families bringing the…

Families of Uvalde shooting victims sue Activision and Meta

Like most Silicon Valley VCs, what Garry Tan sees is opportunities for new, huge, lucrative businesses.

Y Combinator’s Garry Tan supports some AI regulation but warns against AI monopolies

Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the…

How Maven’s AI-run ‘serendipity network’ can make social media interesting again

Miriam Vogel, profiled as part of TechCrunch’s Women in AI series, is the CEO of the nonprofit responsible AI advocacy organization EqualAI.

Women in AI: Miriam Vogel stresses the need for responsible AI

Google has been taking heat for some of the inaccurate, funny, and downright weird answers that it’s been providing via AI Overviews in search. AI Overviews are the AI-generated search…

What are Google’s AI Overviews good for?

When it comes to the world of venture-backed startups, some issues are universal, and some are very dependent on where the startups and its backers are located. It’s something we…

The ups and downs of investing in Europe, with VCs Saul Klein and Raluca Ragab

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. OpenAI announced this week that…

Scarlett Johansson brought receipts to the OpenAI controversy

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right…

Deal Dive: Can blockchain make weather forecasts better? WeatherXM thinks so

pcTattletale’s website was briefly defaced and contained links containing files from the spyware maker’s servers, before going offline.

Spyware app pcTattletale was hacked and its website defaced

Featured Article

Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt

Synapse’s bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. 

3 days ago
Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt

Sarah Myers West, profiled as part of TechCrunch’s Women in AI series, is managing director at the AI Now institute.

Women in AI: Sarah Myers West says we should ask, ‘Why build AI at all?’

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI and publishers are partners of convenience

Evan, a high school sophomore from Houston, was stuck on a calculus problem. He pulled up Answer AI on his iPhone, snapped a photo of the problem from his Advanced…

AI tutors are quietly changing how kids in the US study, and the leading apps are from China

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Well,…

Startups Weekly: Drama at Techstars. Drama in AI. Drama everywhere.