# Adaptive Computing Enterprises

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adaptive-computing-enterprises

- Industry: Software
- Headquarters: Provo, US
- Website: www.adaptivecomputing.com
- Total disclosed funding: $20M
- Latest round: Series B (Feb 29, 2012)
- Investors on record: 4

## About

Adaptive Computing Enterprises, Inc. develops advanced solutions for the High-Performance Computing (HPC) sector, specializing in orchestration tools and services for efficient workload management across diverse computing environments.Founded in 2001 in Provo, US, Adaptive Computing Enterprises, Inc. focuses on providing solutions for High-Performance Computing. The company has undergone various strategic developments to enhance its service offerings, and it is not a subsidiary of another company. The founders, Dave Jackson and Michael Jackson, have a history of innovation in technology. The firm has engaged in 7 deals, with its latest funding round being Venture Debt of USD 0.99 mn in September 2016, bringing the total amount raised to USD 6.00 mn. The current CEO is Arthur Allen.Adaptive Computing specializes in providing advanced applications and tools tailored for the High-Performance Computing (HPC) industry. Their core offerings include the Moab® HPC Suite, a comprehensive workload and resource orchestration platform for automating the management of HPC workloads at scale. The HPC Cloud On-Demand Data Center™ allows users to quickly provision cloud infrastructure resources across major public cloud providers, facilitating seamless cloud migration. Additional products, such as the Adaptive Cluster Manager and Bare Metal as a Service (BMaaS) solution, further enhance capabilities for sectors like High-Tech Manufacturing, Aerospace Engineering, Defense, Life Sciences, and Financial Services. Adaptive Computing serves a global client base with significant deployments in North America, Europe, and parts of Asia, assisting both large enterprises and small to medium-sized organizations involved in AI, machine learning, and big data analytics.The revenue structure of Adaptive Computing primarily derives from its software solutions and services offered to enterprise clients within the HPC and AI domains. Business transactions generally occur through B2B partnerships, where clients subscribe to services such as the Moab HPC Suite on a contractual basis, allowing continuous updates and support for optimal performance. The firm also engages in direct sales for its patented technologies, focusing on organizations enhancing their computational capacities. Pricing specifics are not disclosed, but the model accommodates diverse client needs and aims to establish long-term relationships centered on performance and cost efficiency.Adaptive Computing plans to utilize its recent funding to advance the development of upcoming products, although specific new product details or release dates are not publicly shared. The company is also focusing on expanding its market presence in regions beyond its current deployments, potentially targeting new markets in Asia and Europe by the end of 2023. The acquisition by ALA SERVICES LLC in September 2016 may further enhance its strategic positioning to support these initiatives.

## Funding rounds

- Series B, Feb 29, 2012, $6M — In-Q-Tel
- Series A, Sep 14, 2010, $14M — EPIC Ventures, Intel Capital, Spring Lake Equity Partners

## Investors

- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- Spring Lake Equity Partners (https://capitalatlas.ai/funds/spring-lake-equity-partners) — Series A
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B