Reconfigure.io secures seed funding
Manchester, UK, 26th Oct 2016 — Reconfigure.io, a computing accelerator specialist, completes a seed-funding round from a group of senior angel investors from the UK, Switzerland and the US.
Reconfigure.io is a step forward in enterprise computing capabilities through a new approach in hardware acceleration for the mass engineering marketplace. The platform-as-a-service (PaaS) enables developers to run code on FPGA’s as easily as they deploy to servers. Reconfigure.io provides multiple benefits to the current generation of application programmers — ranging from increasing computing performance by factors from 10–100x to decrease development cycles from days to minutes.
Rob Taylor, the founder and CEO of Reconfigure.io says “Our platform is designed by individuals with tremendous experience in the hardest problems in the modern computational landscape. The early partnerships with industry leaders has already validated our approach’s value. This seed round provides us with the opportunity to further expand our team and to progress far towards productising our first GA, planned in early 2017”.
Reconfigure.io is in early-stage partnerships with IBM, Xilinx, and Rackspace, three leaders in the cloud and hardware industries. The company is debuting its technology at IBM’s OpenPOWER Summit Europe in Barcelona, 26th-28th October 2016.