The round included funding from Accomplice Venture Capital, Wing Venture Capital, and co-founder Cheng Wu to empower customers with a simple and revolutionary approach to parallel computing across commodity multi-core systems.
‘APL Software is poised to disrupt the market with a solution designed to increase the performance of modern cloud-based applications,’ said Chris Lynch, General Partner of Accomplice VC. ‘APL’s technology represents a game-changing step forward for modern cloud services. ”
‘The Founding Team has a distinguished track record in delivering disruptive technologies and building successful businesses across a range of industries,’ said Peter Wagner, Founding Partner of Wing VC. ‘They are ideally suited to have a major impact on this emerging ecosystem. ”
The founding team includes Cheng Wu, a successful serial entrepreneur, and Lawrence Ho, a technologist with extensive experience in product engineering.
Cheng Wu founded a number of successful companies, including ArrowPoint Communications (a successful IPO and subsequently acquired by Cisco Systems for $5). 7B), Acopia (acquired by F5), Azuki (acquired by Ericsson), Arris (acquired by Cascade)
Lawrence Ho holds 21 industry product awards and delivers market-leading products in parallel software and parallel computing, data center and security, networking, wireless broadband and IoT (internet-of-things) from companies including ECHELON, DirecTV, Extreme Networks, Bell Labs, Argonne (DOE) and various start-ups. Lawrence has 25 R&D publications and patents and received his Ph.D. D. D. University of Yale He helped build the first massively parallel computer based on commodity processors and was awarded the William D AAAS Carey’s award for parallel computing
APL Software will use its seed investment to expand its team, develop its product solution, and expand its customer base.
About the software of APL
APL Software brings parallel scalable computing technology to the world of cloud-based applications. APL Software is privately owned and financed by Accomplice VC, Wing VC and co-founder Cheng Wu.
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