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Primeur weekly 2019-01-21

Exascale supercomputing

Argonne Training Programme on Extreme-Scale Computing scheduled for July 28-August 9, 2019 ...

Quantum computing

Fujitsu and TC3 promote quantum inspired Digital Annealer next-generation architecture in Topcoder contest ...

Focus on Europe

The way forward for computing systems: HiPEAC Vision 2019 ...

Tachyum CEO honoured by President of Slovakia at State Awards Ceremony ...

Middleware

Groupe Logiciel selects technology from Bright Computing and professional services from Bechtle France ...

Khronos Group exploring industry interest for new open standard for high performance embedded computing (HPEC) applications ...

Excelero grows revenues 4x in record FY 2018 ...

Hardware

CoolIT Systems secures growth capital from Vistara Capital Partners ...

Advania expands operations to Finland ...

Quantum's new DXi backup appliances deliver industry-leading density and efficiency ...

Cray announces selected preliminary 2018 financial results ...

Programming light on a chip ...

Quobyte partners with EUROstor to deliver scale-out NAS solutions across DACH region ...

WekaIO quadruples business in 2018 with rapid customer adoption and global expansion ...

Fujitsu's Immersion Cooling System wins the 2018 Energy Conservation Grand Prize ...

GRC celebrates ten years at the epicentre of liquid immersion cooled data centres ...

Applications

Atos boosts genome sequencing in Spain ...

Supercomputer simulations reveal new insight on sea fog development ...

Chasing a supernova: Argonne intern expands his universe by working with data from the Dark Energy Survey ...

New Blue Waters webinars announced ...

Realistic new model points the way to more efficient and profitable fracking ...

Giant pattern discovered in the clouds of planet Venus: infrared cameras and supercomputer simulations break through Venus' veil ...

The Cloud

Oracle expands Cloud business with next-gen data centre in Canada ...

Untold Studios chooses WekaIO Matrix on Amazon Web Services for simplicity in Cloud implementation ...

GIGABYTE adds two new AMD EPYC compute nodes to "RACKLUTION-OP" OCP product line-up ...

CoolIT Systems secures growth capital from Vistara Capital Partners


16 Jan 2019 Calgary - CoolIT Systems, a world expert in modular, scalable data centre liquid cooling technology, has partnered with Vistara Capital Partners as the company expands production capacity to service new and existing global data centre customers.

Vistara's investment was made by the recently announced Vistara Technology Growth Fund III LP, a USD$100 million fund focused on providing flexible and tailored debt financing for technology companies across North America.

"With our order backlog expanding by 400% in the last year, access to additional capital is critical for continued success", stated CoolIT Systems CFO, Peter Calverley. "With the creative financing package provided by Vistara the financial foundation is in place for 2019 to be another year of significant growth in data centre liquid cooling sales for CoolIT."

"CoolIT Systems is at an exciting inflection point, managing a significant expansion of their business as liquid cooling is experiencing accelerated adoption by data centre OEMs and operators", stated Vistara Partner, Noah Shipman. "Investment structures that efficiently facilitate growth over time is a hallmark of Vistara. We are thrilled to invest in and support another emerging Canadian technology leader."
Source: CoolIT Systems

Back to Table of contents

Primeur weekly 2019-01-21

Exascale supercomputing

Argonne Training Programme on Extreme-Scale Computing scheduled for July 28-August 9, 2019 ...

Quantum computing

Fujitsu and TC3 promote quantum inspired Digital Annealer next-generation architecture in Topcoder contest ...

Focus on Europe

The way forward for computing systems: HiPEAC Vision 2019 ...

Tachyum CEO honoured by President of Slovakia at State Awards Ceremony ...

Middleware

Groupe Logiciel selects technology from Bright Computing and professional services from Bechtle France ...

Khronos Group exploring industry interest for new open standard for high performance embedded computing (HPEC) applications ...

Excelero grows revenues 4x in record FY 2018 ...

Hardware

CoolIT Systems secures growth capital from Vistara Capital Partners ...

Advania expands operations to Finland ...

Quantum's new DXi backup appliances deliver industry-leading density and efficiency ...

Cray announces selected preliminary 2018 financial results ...

Programming light on a chip ...

Quobyte partners with EUROstor to deliver scale-out NAS solutions across DACH region ...

WekaIO quadruples business in 2018 with rapid customer adoption and global expansion ...

Fujitsu's Immersion Cooling System wins the 2018 Energy Conservation Grand Prize ...

GRC celebrates ten years at the epicentre of liquid immersion cooled data centres ...

Applications

Atos boosts genome sequencing in Spain ...

Supercomputer simulations reveal new insight on sea fog development ...

Chasing a supernova: Argonne intern expands his universe by working with data from the Dark Energy Survey ...

New Blue Waters webinars announced ...

Realistic new model points the way to more efficient and profitable fracking ...

Giant pattern discovered in the clouds of planet Venus: infrared cameras and supercomputer simulations break through Venus' veil ...

The Cloud

Oracle expands Cloud business with next-gen data centre in Canada ...

Untold Studios chooses WekaIO Matrix on Amazon Web Services for simplicity in Cloud implementation ...

GIGABYTE adds two new AMD EPYC compute nodes to "RACKLUTION-OP" OCP product line-up ...