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Mitrionics

mitrionics.com

Founded Year

2000

Stage

Unattributed VC | Alive

Total Raised

$6M

Last Raised

$6M | 16 yrs ago

About Mitrionics

Mitrionics is the technology leader in the exciting new field of FPGA Accelerated Computing which provides higher processing power and lower energy consumption than traditional CPU clustered computer systems. The Mitrion Platform is unique software acceleration solution that eliminates the need for circuit design skills, thus making FPGA Supercomputing performance accessible to an entire new market of scientists and developers. The company has a US subsidiary, Mitrionics, Inc., based in Los Angeles, California.

Headquarters Location

Ideon Research Park

223 70,

Sweden

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Expert Collections containing Mitrionics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mitrionics is included in 1 Expert Collection, including Semiconductors, Chips, and Advanced Electronics.

S

Semiconductors, Chips, and Advanced Electronics

6,168 items

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Latest Mitrionics News

Mitrionics Secures $6M in VC Funding to Expand International Operations and Product Development

Jun 9, 2016

Accelerated Computing Market Growth Fuels Demand for Advanced Computing Technologies LUND, SWEDEN -- (MARKET WIRE) -- May 15, 2007 -- Mitrionics AB, developer of the MitrionSoftware Acceleration Platform, today announced it has closed $6 million ofventure capital funding from three investment firms: Grande Ventures, LLC,is a United States-based firm and lead investor in this round, and Creandumand Teknoinvest, are Scandinavian-based firms and share holders inMitrionics based on previous investments. Mitrionics will utilize thefunding to further enhance its technological and market leadership inFPGA-based accelerated computing by expanding its international sales andsupport operations and increasing its research and development efforts.Mitrion-accelerated applications provide a dual customer benefit byincreasing application performance up to 20x or greater over traditionalprocessors, while enabling hardware to execute the applications using onlya fraction of the power consumed by traditional processor clusters. "Mitrionics has made a significant industry impact with its softwareacceleration technology," said Michael Antone, Partner at Grande Ventures,and newly appointed member to the Mitrionics Board of Directors. "GrandeVentures is very enthusiastic about Mitrionics' role in the emergingaccelerated computing market and we look forward to helping them reachtheir next levels of growth, organization, and success. " "We're pleased to announce this latest round of financing from our newinvestment partner Grande Ventures and our long-standing investors Creandumand Teknoinvest," stated Anders Dellson, CEO of Mitrionics AB. "Customerdemand for our software acceleration technology is strong and growing,especially in bioinformatics. With this new investment, we will grow ourteam and add resources both in the US and in Sweden. We will focus oncontinuing our technology leadership in FPGA-based computing by expandingthe Mitrion platform and bringing more Mitrion accelerated applications tothe market. " About Creandum Creandum is an independent partner owned Nordic venture fund founded in2003, investing in companies' earliest phases. The fund is focused oninvestments in innovative technologies and/or business models in highgrowth markets backed by outstanding entrepreneurs. More information isavailable at: www.creandum.com . About Grande Ventures, LLC Grande Ventures, LLC is a venture capital firm located in Columbia,Maryland, USA. The firm partners with entrepreneurs, as well as otherventure firms, in a variety of technologies, to develop and implementstrategies to overcome the challenges to successful entry into themarketplace. More information is available at: www.grandeventures.com . About Teknoinvest Teknoinvest is a premier Scandinavian venture capital company headquarteredin Norway. We invest in areas of emerging technologies within the ITC andLife Sciences sectors in Scandinavia. Teknoinvest was established as thefirst venture capital investment company in Norway in 1984 and is one ofthe most successful VCs in Scandinavia according to our track record ofvalue created for our investors. We have an extensive network throughoutScandinavia and the US which has enabled us to invest in and help developseveral successful companies. More information is available at: www.teknoinvest.no . About the Mitrion Platform The core of the Mitrion Platform is the fine-grained, massively parallelMitrion Virtual Processor. Together with the Mitrion-C parallelprogramming language, it offers a unique software-centric accelerationplatform for FPGA-based computing systems. The Mitrion Virtual Processorhas a unique architecture that adapts to each software application itexecutes in order to maximize performance. About Mitrionics Founded in 2001, Mitrionics AB is the technology leader in the exciting newfield of FPGA Accelerated Computing which provides higher processing powerand lower energy consumption than traditional CPU clustered computersystems. The Mitrion Platform is unique software acceleration solutionthat eliminates the need for circuit design skills, thus making FPGASupercomputing performance accessible to an entire new market of scientistsand developers. The company has a US subsidiary, Mitrionics, Inc., basedin Los Angeles, California. Key industry relationships include Cray,Nallatech, and Silicon Graphics. Mitrionics and Mitrion are trademarksand/or service marks of Mitrionics AB. All other marks are the property oftheir respective owners. For more information, visit the company web siteat www.mitrionics.com or email: info@mitrionics.com . Contact Information

Mitrionics Frequently Asked Questions (FAQ)

  • When was Mitrionics founded?

    Mitrionics was founded in 2000.

  • What is Mitrionics's latest funding round?

    Mitrionics's latest funding round is Unattributed VC.

  • How much did Mitrionics raise?

    Mitrionics raised a total of $6M.

  • Who are the investors of Mitrionics?

    Investors of Mitrionics include Teknoseed, Creandum, Teknoinvest and Grande Ventures.

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