Auradine, a Santa Clara, CA-based supplier of internet infrastructure options, together with blockchain, safety, and AI, raised $80M in Sequence B funding.
Backers included StepStone Group, Prime Tier Capital Companions, MVP Ventures, and Maverick Capital. Current buyers Celesta Capital, Mayfield Fund, and Marathon Digital additionally participated.
Based in 2022 and led by CEO Rajiv Khemani, Auradine is a pacesetter in blockchain, safety, and AI internet infrastructure options. The corporate launched with its Teraflux™ household of Bitcoin ASIC Miners, which delivered ASICs and options with the world’s quickest miners, setting new efficiency and vitality effectivity benchmarks. The Teraflux merchandise additionally function Auradine’s patent-pending EnergyTune™ and AutoTune™ improvements, which handle the demand response and grid stability necessities of the vitality infrastructure.
These merchandise have now been shipped to over 30 data-center-scale miners, with subject efficiency confirmed over lengthy durations in excessive situations for air and immersion cooling kind components. Because of this, Auradine has achieved bookings of $80M together with an order pipeline of over $200M and is continuous to develop its buyer base globally.
The corporate intends to make use of the funds to scale Teraflux revenues and improve R&D for its portfolio of blockchain and AI safety options.
FinSMEs
