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Non-Profit Foundation
close-the-gap.org

Investments

1

Partners & Customers

8

About Close The Gap

Close the Gap is an international non-profit organisation that aims to bridge the digital divide by offering high-quality, pre-owned computers donated by large and medium-sized corporations or public organisations to educational, medical, entrepreneurial and social projects in developing and emerging countries. All the projects are demand-driven and share the common denominator of being non-profit-oriented initiatives.

Headquarters Location

Pleinlaan 5

Brussels, 1050,

Belgium

+32 (0)2 614 81 60

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Latest Close The Gap News

MemVerge Demonstrates How Compute Express Link (CXL) Memory Expansion Will Close the Gap Between CPU and Memory Performance

May 29, 2023

Share MemVerge , pioneers of Big Memory software, is attending MemCon to demonstrate the capacity and performance benefits of Compute Express Link (CXL) memory. The demo features a server running an online transaction processing (OLTP) benchmark, with Memory Machine software from MemVerge that provides tiering for system DIMM and E3.S CXL memory expansion from Micron. Adding CXL memory boosted transactions per second by 15%, with the addition of Memory Machine software boosting performance another 12%. [1] The results highlight the potential to close the gap between CPU and memory performance due to memory capacity and performance per core limitations — known as the “memory wall” problem — by supplementing DIMM bandwidth and capacity with CXL expansion memory. “CXL allows capacity and bandwidth expansion to address the memory wall. It also adds a new paradigm to Memory Tiering,” says  Raj Narasimhan , senior vice president and general manager of Micron’s Compute and Networking Business Unit. “Our collaborative demo with MemVerge at this week’s MemCon event showcases that the capacity and bandwidth unlocked by CXL translates to significantly better application performance.”

Close The Gap Investments

1 Investments

Close The Gap has made 1 investments. Their latest investment was in BeCentral as part of their Seed on October 10, 2018.

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Close The Gap Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/11/2018

Seed

BeCentral

$0.33M

Yes

1

Date

10/11/2018

Round

Seed

Company

BeCentral

Amount

$0.33M

New?

Yes

Co-Investors

Sources

1

Close The Gap Acquisitions

2 Acquisitions

Close The Gap acquired 2 companies. Their latest acquisition was CTG Circular on September 05, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/5/2019

$99M

Acquired Unit

2

9/3/2019

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$99M

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10

Date

9/5/2019

9/3/2019

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired Unit

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Sources

2

10

Close The Gap Partners & Customers

8 Partners and customers

Close The Gap has 8 strategic partners and customers. Close The Gap recently partnered with TES on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/19/2021

Partner

South Korea

TES Partners With Close The Gap To Help Bridge The Global Digital Divide with E-Waste

The partnership between TES and Close the Gap represents an extension of that foundation and furthers our commitment to global corporate social responsibility . ''

1

7/16/2021

Partner

Singapore

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10

9/10/2019

Partner

China

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10

9/10/2019

Partner

China

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10

8/24/2017

Partner

Luxembourg

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10

Date

7/19/2021

7/16/2021

9/10/2019

9/10/2019

8/24/2017

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

South Korea

Singapore

China

China

Luxembourg

News Snippet

TES Partners With Close The Gap To Help Bridge The Global Digital Divide with E-Waste

The partnership between TES and Close the Gap represents an extension of that foundation and furthers our commitment to global corporate social responsibility . ''

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Sources

1

10

10

10

10

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