Xyber has developed a cooling system, for new and existing data centers, which reduces power consumption by 40%.
Business Model:
Revenue: $3M
Employees: 11-50
Address: 701 Lee Rd
City: Chesterbrook
State: PA
Zip: 19087
Country: US
Xyber Technologies has developed a cooling system, for new and existing data centers, which reduces power consumption by 40% with no moving parts. Thereby saving the average data center over $500k per year. Xyber Technologies is a startup dedicated to reducing the impact data centers are having on the environment by cutting their power consumption and increasing the capacity of their servers to reduce their physical footprint. To achieve this, they have created a cooling system that requires no power and has no moving parts. Competing technologies are limited in the benefits that they can provide over legacy cooling systems and do so by sacrificing serviceability or servers per rack. Their system reduces cooling requirements up to 75%, reduces server power consumption up to 30%, and reduces data center total power consumption up to 40%, significantly reducing operating costs. Additionally, by eliminating complicated cooling systems, they reduce the costs to build data centers by up to 30%; while competing technologies struggle to make a significant difference.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2013 | Seed Round | $1.5M |
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