# Pliops

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pliops

- Industry: Semiconductors
- Headquarters: Ramat Gan, Israel
- Website: www.pliops.com
- Total disclosed funding: $140M
- Latest round: Series D (Aug 16, 2022)
- Investors on record: 8

## About

Founded in 2017 and based in Ramat Gan, Israel, Pliops Ltd. operates as a cloud storage solution provider. The company was founded by its CEO Uri Beitler, chairman Arie Mergi and CTO Moshe Twitto. In February 2021, Pliops Ltd. raised USD 65 million in venture funding led by new investor Koch Disruptive Technologies. As of 2021, the company has offices in San Jose and Haifa. 

Pliops provides a key-value-based storage hardware accelerator called Pliops Storage Processor that enables cloud and enterprise data centers to access data with lesser computational load and power consumption. Pliops’ Storage Processor uses data structure to provide hardware acceleration and increased storage performance without making any changes to the user’s application software. The company’s product solves the scalability challenges raised by the cloud data explosion and the data requirements of artificial intelligence and machine learning applications. The product can be deployed as a direct attachment to a single server or multiple NVMe-oF storage systems and as a Pliops-as-a-cloud service model.

The company’s future strategy includes scaling its technology into new use cases, expanding its product lines, and doubling the size of its employees by the end of 2021.

## Funding rounds

- Series D, Aug 16, 2022, $100M — SK Hynix, State of Mind Ventures, Koch Disruptive Technologies
- Series B, Jan 30, 2019, $30M — Intel Capital, Western Digital Capital, Viola Group, Xilinx, Inc., SBVA, State of Mind Ventures
- Series A, Oct 1, 2017, $10M — Intel Capital, Viola Group, State of Mind Ventures

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A, Series B
- State of Mind Ventures (https://capitalatlas.ai/funds/state-of-mind-ventures) — Series A, Series B, Series D
- Western Digital Capital (https://capitalatlas.ai/funds/western-digital-capital) — Series B
- Xilinx, Inc. — Series B
- SBVA (https://capitalatlas.ai/funds/sbva) — Series B
- SK Hynix — Series D
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series D