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Venture Capital News: Cornami Closes $68M Funding in Series C

2022-05-19
CAMPBELL, CA, Software startup Cornami announced the closing of more than $68 million in its oversubscribed Series C funding led by SoftBank Vision Fund 2.
CAMPBELL, CA, Cornami announced the closing of more than $68 million in its oversubscribed Series C funding led by SoftBank Vision Fund 2. This includes strong participation from Impact Venture Capital and Octave Ventures with support from existing investors and insiders together with the previously announced strategic investment from Applied Ventures, LLC.

Cornami has developed a software-defined next-generation TruStream Computational Fabric architecture that can scale performance without penalties to deliver real-time computing for several critical and complex applications. The company's unique technology lowers power consumption and latency, while vastly scaling the performance for today's massive datasets whether at the edge or the cloud.
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