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Data Center News > Blog > Investments > Voltron Data Receives Investment from Accenture Ventures
Investments

Voltron Data Receives Investment from Accenture Ventures

Last updated: February 23, 2025 12:52 am
Published February 23, 2025
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Voltron Data, a Mountain View, CA-based firm growing knowledge techniques, acquired an funding from Accenture Ventures.

The quantity of the deal was not disclosed.

The corporate intends to make use of the funds to assist its efforts to assist organizations use superior computing expertise to hurry up large-scale analytics, used for generative AI and machine studying functions.

Led by CEO Craig Dunham, Voltron Knowledge gives a brand new option to design and construct composable knowledge techniques for enterprises and authorities companies. Its core answer, Theseus, is a SQL question engine that may allow enterprises to course of petabyte-scale knowledge quicker and at a decrease value than conventional CPU-based techniques.

Theseus makes use of accelerated {hardware}, together with graphics processing items (GPUs), to shortly analyze log, machine and tabular knowledge – dealing with what was hours-long queries in minutes. For instance, cybersecurity techniques for monetary service establishments generate dozens of terabytes of knowledge each day. With Theseus, organizations can minimize the whole time to insights by skipping lengthy ingest instances and utilizing GPUs to energy by knowledge.

The corporate works with a number of the largest international banks, communications, media & expertise companies and governments.

FinSMEs

20/02/2025

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See also  Data centre M&A deals on the rise
TAGGED: Accenture, data, Investment, receives, Ventures, Voltron
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