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Venture Capital
yellowdog.kr

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Investments

37

Portfolio Exits

2

Funds

2

About YellowDog

YellowDog is an impact venture capital firm in South Korea.

YellowDog Headquarter Location

20, Wangsimni-ro 2-gil, Seongdong-gu 3F

Seoul, 04779,

South Korea

+82 02-2289-1581

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Latest YellowDog News

UK Cloud Management Firm YellowDog Builds Multi-Region Supercomputer in the Cloud in 33 Minutes

Nov 30, 2021

November 30, 2021 LONDON, Nov. 23, 2021 — YellowDog , a UK cloud workload management company, has built a supercomputer in the cloud in just 33 minutes. The announcement marks a game changing step forward as, for the first time ever, thousands of servers across Europe and North America were able to work seamlessly together on a single problem. This releases big computing tasks from the constraints of a particular system or data center, dramatically reducing the cost of high performance computing and speeding up critical innovation, from months to hours. This breakthrough means the cloud is now even more accessible and scalable for key areas of research, such as drug discovery and artificial intelligence. While high performance computing has always played an integral role in furthering important areas of exploration, supercomputers can take years to fund, with considerable investment required to both build and maintain the infrastructure. This prevents many organizations from realizing its benefits. YellowDog has introduced a new reality, where growing computational need can be met instantly in the cloud. In sixty-five minutes, it ran a popular drug discovery application on 3.2 million virtual processor cores, as a single cluster. To provision one million pre-emptible instances took just seven minutes. YellowDog also offers organizations the choice to access supercomputer performance with minimal environmental impact. With significant sustainability benefits, the technology not only provisions the exact resources needed, when they’re needed, but it also enables the selection of data centers based on renewable energy generation. This means high performance computing becomes much more efficient and computing tasks can be placed where clean energy is most available. This capability to move to where the sun is the brightest, or the wind the strongest, has never before been achieved. “This number of concurrent cores, stretching across the Atlantic, represents a huge breakthrough. It reduces the time, cost and, so importantly, carbon impact of research into some of the most important societal issues,” said Simon Ponsford, CEO of YellowDog. “Our platform, through its ease of use, lets organizations focus on the problem itself, not on being an expert in exploiting the potential of the cloud. The realms of possibility are no longer bound by coordinating computing resources, but by the vision of the human mind.” “In the past year alone, we have seen not only the continuation of the global pandemic, but also significant displacement caused by extreme weather events,” continued Ponsford. “The ability to solve these complex and multifaceted issues hinges on collecting, processing, and generating insight from massive data sets. This demonstrates the growing importance of high performance computing in the efforts to advance the fields of science, engineering, and technology.” About YellowDog YellowDog, founded in 2015 in Bristol, UK, helps businesses scale across the cloud like no other. The company’s cloud workload management platform is used all over the world to accelerate compute-intensive applications. The YellowDog Platform removes prohibitive barriers to entry, so organizations of all sizes can solve some of the most immediate threats faced by society including the global pandemic, the multiple and severe weather events, and the search for renewable energy. YellowDog works with cloud partners including Amazon Web Services, Microsoft Azure, Google Cloud Platform, Oracle Cloud Infrastructure, and Alibaba Cloud. About the Run To achieve this run, YellowDog launched 46,733 pre-emptible instances, utilizing 24 AWS EC2 Fleets and 8 instance types, provisioning a total of 3.2 million concurrent, virtual CPU cores to run a drug discovery application. The job consisted of over 200,000 discrete tasks, which were spread across Europe and North America. Overall, the run was completed within 65 minutes. It took just 7 minutes to provision 1,000,000 cores. Not only was it fast, but the actual utilization of the instances kept track with provisioning. This meant that instances were made ready in step with those being used, maximizing utilization efficiency. Source: YellowDog November 30, 2021 HPC is entering a new era: exascale is (somewhat) officially here, but Moore’s law is ending. Power consumption and other sustainability concerns loom over the enormous systems and chips of this new epoch, for both cos Read more… November 29, 2021 HPCwire's Managing Editor sits down with Intel's Raja Koduri and Riken's Satoshi Matsuoka in St. Louis for an off-the-cuff conversation about their SC21 experience, what comes after exascale and why they are collaborating. Koduri, senior vice president and general manager of Intel's accelerated computing systems and graphics (AXG) group, leads the team... Read more… November 29, 2021 HPCwire's Managing Editor sits down with Jack Dongarra, Top500 co-founder and Distinguished Professor at the University of Tennessee, during SC21 in St. Louis to discuss the 2021 Top500 list, the outlook for global exascale computing, and what exactly is going on in that Viking helmet photo. Read more… November 26, 2021 Larry Smarr, founding director of Calit2 (now Distinguished Professor Emeritus at the University of California San Diego) and the first director of NCSA, is one of the seminal figures in the U.S. supercomputing community. What began as a personal drive, shared by others, to spur the creation of supercomputers in the U.S. for scientific use, later expanded into a... Read more… November 24, 2021 Details about two previously rumored Chinese exascale systems came to light during last week’s SC21 proceedings. Asked about these systems during the Top500 media briefing on Monday, Nov. 15, list author and co-founder Jack Dongarra indicated he was aware of some very impressive results, but withheld comment when asked directly if he had... Read more… AWS Solution Channel November 19, 2021 SC21 may have been the first major supercomputing conference to return to in-person activities, but not everything returned to the live menu: the Student Cluster Competition – held virtually at ISC 2020, SC20 and ISC 2021 – was again held virtually at SC21. Nevertheless, Students@SC Chair Jay Lofstead took the physical stage at SC21 on Thursday to announce the... Read more… November 30, 2021 HPC is entering a new era: exascale is (somewhat) officially here, but Moore’s law is ending. Power consumption and other sustainability concerns loom over th Read more… November 29, 2021 HPCwire's Managing Editor sits down with Intel's Raja Koduri and Riken's Satoshi Matsuoka in St. Louis for an off-the-cuff conversation about their SC21 experience, what comes after exascale and why they are collaborating. Koduri, senior vice president and general manager of Intel's accelerated computing systems and graphics (AXG) group, leads the team... Read more… November 29, 2021 HPCwire's Managing Editor sits down with Jack Dongarra, Top500 co-founder and Distinguished Professor at the University of Tennessee, during SC21 in St. Louis to discuss the 2021 Top500 list, the outlook for global exascale computing, and what exactly is going on in that Viking helmet photo. Read more… November 26, 2021 Larry Smarr, founding director of Calit2 (now Distinguished Professor Emeritus at the University of California San Diego) and the first director of NCSA, is one of the seminal figures in the U.S. supercomputing community. What began as a personal drive, shared by others, to spur the creation of supercomputers in the U.S. for scientific use, later expanded into a... Read more… November 24, 2021 Details about two previously rumored Chinese exascale systems came to light during last week’s SC21 proceedings. Asked about these systems during the Top500 media briefing on Monday, Nov. 15, list author and co-founder Jack Dongarra indicated he was aware of some very impressive results, but withheld comment when asked directly if he had... Read more… November 19, 2021 SC21 may have been the first major supercomputing conference to return to in-person activities, but not everything returned to the live menu: the Student Cluster Competition – held virtually at ISC 2020, SC20 and ISC 2021 – was again held virtually at SC21. Nevertheless, Students@SC Chair Jay Lofstead took the physical stage at SC21 on Thursday to announce the... Read more… November 19, 2021 Earlier this week MLCommons issued results from its latest MLPerf HPC training benchmarking exercise. Unlike other MLPerf benchmarks, which mostly measure the t Read more… November 18, 2021 For the second (and, hopefully, final) year in a row, SC21 included a second major research award alongside the ACM 2021 Gordon Bell Prize: the Gordon Bell Special Prize for High Performance Computing-Based COVID-19 Research. Last year, the first iteration of this award went to simulations of the SARS-CoV-2 spike protein; this year, the prize went... Read more… November 3, 2021 On October 1 of this year, IonQ became the first pure-play quantum computing start-up to go public. At this writing, the stock (NYSE: IONQ) was around $15 and its market capitalization was roughly $2.89 billion. Co-founder and chief scientist Chris Monroe says it was fun to have a few of the company’s roughly 100 employees travel to New York to ring the opening bell of the New York Stock... Read more… August 20, 2021 Two months ago, Tesla revealed a massive GPU cluster that it said was “roughly the number five supercomputer in the world,” and which was just a precursor to Tesla’s real supercomputing moonshot: the long-rumored, little-detailed Dojo system. Read more… August 27, 2021 Esperanto Technologies made waves last December when it announced ET-SoC-1, a new RISC-V-based chip aimed at machine learning that packed nearly 1,100 cores onto a package small enough to fit six times over on a single PCIe card. Now, Esperanto is back, silicon in-hand and taking aim... Read more… September 29, 2021 At the Advanced Scientific Computing Advisory Committee (ASCAC) meeting, held by Zoom this week (Sept. 29-30), it was revealed that the Frontier supercomputer is currently being installed at Oak Ridge National Laboratory in Oak Ridge, Tenn. The staff at the Oak Ridge Leadership... Read more… November 8, 2021 At a virtual event this morning, AMD CEO Lisa Su unveiled the company’s latest and much-anticipated server products: the new Milan-X CPU, which leverages AMD’s new 3D V-Cache technology; and its new Instinct MI200 GPU, which provides up to 220 compute units across two Infinity Fabric-connected dies, delivering an astounding 47.9 peak double-precision teraflops. “We're in a high-performance computing megacycle, driven by the growing need to deploy additional compute performance... Read more… October 15, 2021 Following on changes made in June that moved Intel’s HPC unit out of the Data Platform Group and into the newly created Accelerated Computing Systems and Graphics (AXG) business unit, led by Raja Koduri, Intel is making further updates to the HPC group and announcing... Read more… August 10, 2021 Intel reported in a blog this week that its adoption of the open source LLVM architecture for Intel’s C/C++ compiler is complete. The transition is part of In Read more… More Editor's Picks August 25, 2021 The emergence of data processing units (DPU) and infrastructure processing units (IPU) as potentially important pieces in cloud and datacenter architectures was Read more… October 21, 2021 Earlier this month D-Wave Systems, the quantum computing pioneer that has long championed quantum annealing-based quantum computing (and sometimes taken heat fo Read more… June 22, 2021 In spring 2019, Tesla made cryptic reference to a project called Dojo, a “super-powerful training computer” for video data processing. Then, in summer 2020, Tesla CEO Elon Musk tweeted: “Tesla is developing a [neural network] training computer... Read more… September 1, 2021 In the heated, oft-contentious, government IT space, HPE has won a massive $2 billion contract to provide HPC and AI services to the United States’ National Security Agency (NSA). Following on the heels of the now-canceled $10 billion JEDI contract (reissued as JWCC) and a $10 billion... Read more… September 22, 2021 The latest round of MLPerf inference benchmark (v 1.1) results was released today and Nvidia again dominated, sweeping the top spots in the closed (apples-to-ap Read more… September 13, 2021 What is one to make of the quantum computing market? Energized (lots of funding) but still chaotic and advancing in unpredictable ways (e.g. competing qubit tec Read more… November 18, 2021 Today at the hybrid virtual/in-person SC21 conference, the organizers announced the winners of the 2021 ACM Gordon Bell Prize: a team of Chinese researchers leveraging the new exascale Sunway system to simulate quantum circuits. The Gordon Bell Prize, which comes with an award of $10,000 courtesy of HPC pioneer Gordon Bell, is awarded annually... Read more…

YellowDog Investments

37 Investments

YellowDog has made 37 investments. Their latest investment was in RideFlux as part of their Series A on December 12, 2021.

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YellowDog Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/26/2021

Series A

RideFlux

$13.9M

Yes

2

6/29/2021

Series C

Mathpresso

$50M

Yes

12

6/23/2021

Series A

VoyagerX

$26.46M

Yes

4

4/19/2021

Seed VC

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$99M

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10

3/30/2021

Series A - II

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$99M

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10

Date

12/26/2021

6/29/2021

6/23/2021

4/19/2021

3/30/2021

Round

Series A

Series C

Series A

Seed VC

Series A - II

Company

RideFlux

Mathpresso

VoyagerX

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Amount

$13.9M

$50M

$26.46M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

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Co-Investors

Sources

2

12

4

10

10

YellowDog Portfolio Exits

2 Portfolio Exits

YellowDog has 2 portfolio exits. Their latest portfolio exit was MyMusicTaste on March 28, 2022.

Date

Exit

Companies

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

Acquirer

Sources

3/28/2022

Corporate Majority

1

1/20/2022

Acquired

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10

Date

3/28/2022

1/20/2022

Exit

Corporate Majority

Acquired

Companies

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Valuation

Acquirer

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Sources

1

10

YellowDog Fund History

2 Fund Histories

YellowDog has 2 funds, including 옐로우독 도약하다 투자조합 (YellowDog Leap Investment Association).

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/2/2020

옐로우독 도약하다 투자조합 (YellowDog Leap Investment Association)

$13.18M

4

11/7/2019

Social Vaule Investment Fund

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$99M

10

Closing Date

6/2/2020

11/7/2019

Fund

옐로우독 도약하다 투자조합 (YellowDog Leap Investment Association)

Social Vaule Investment Fund

Fund Type

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Status

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Amount

$13.18M

$99M

Sources

4

10

YellowDog Team

1 Team Member

YellowDog has 1 team member, including current Chief Executive Officer, HyunJoo Je.

Name

Work History

Title

Status

HyunJoo Je

Chief Executive Officer

Current

Name

HyunJoo Je

Work History

Title

Chief Executive Officer

Status

Current

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