Investments
1Partners & Customers
8About 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.

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Latest Close The Gap News
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.

Close The Gap Investments Activity

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 | Acquired Unit | 2 | ||||
9/3/2019 |
Date | 9/5/2019 | 9/3/2019 |
---|---|---|
Investment Stage | ||
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired Unit | |
Sources | 2 |
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 | ||||
9/10/2019 | Partner | ||||
9/10/2019 | Partner | ||||
8/24/2017 | Partner |
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 | ||||
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 . '' | ||||
Sources | 1 |
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