We are pleased to announce we have raised a funding round led by Caixa Capital Risc, Unirisco and XesGalicia.
It is a privilege to have such a supportive group of investors that believe in our vision and in our team. The new funds will be used to accelerate the market uptake of Parallware tools, allowing us to scale our team and to further improve the Parallware technology. The technological roadmap of Parallware is guided by best practices on parallel programming. In order to find the product-market we have established long-term collaborations with world-class HPC centers, we have manually analyzed well-known benchmark suites, and we have set up an Early Access Program to directly collect feedback from users. Overall, our roadmap is aligned with current trends in the HPC market in order to cover the needs of our customers, partners, and the community.
About Appentra: Technology-based spin-off company of the University of Coruña established on 2012. Appentra provides top quality software tools that allow extensive use of High Performance Computing (HPC) techniques in all application areas of engineering, science and industry. Appentra’s target clients are companies and organizations that run frequently updated compute-intensive applications in markets like aerospace, automotive, civil engineering, biomedicine or chemistry. Research and development is a strategic value for the company, and innovation is the engine to provide new innovative HPC software solutions that meet the needs and improve the productivity of our clients.
About Caixa Capital Risc: It is the venture capital arm of Criteria Caixa, an investor that provides equity and convertible loans to innovative companies in their early stages. Through different specialized vehicles, they invest in the seed phase and offer support during the A and B Series rounds, if necessary. They manages a capital of 195 million euro and invests mainly in Spanish companies in the Industrial technology, Healthcare/Life Sciences and time fields.
About Unirisco: is a venture capital group promoting the creation of companies making use of university knowledge. This is achieved through short-term investment operations in their financing or through other financial instruments, always with the criteria of profitability and job creation in mind.
About Xesgalicia: is a Galician Venture Capital Management firm. It finances company development through the temporary acquisition of minority shares of the capital of unquoted companies. In addition, it may make ordinary or mezzanine loans to the companies in which it invests through differents venture capital funds and the assets of a venture capital company.