Isaac Barchas, director of the Austin Technology Incubator, penned a blog post titled “This Sucks” in response to news of the closing of Calxeda this week. “Recent ATI graduate and rock star, Calxeda, will be shutting its doors,” Barchas wrote. “Investors unexpectedly pulled the plug on the company, which developed a novel architecture to allow […]
Three Entrepreneurs Recount Their Paths to Being Funded in Austin
BY L.A. LOREK Founder of Silicon Hills News Barry Evans, co-founder and CEO of Calxeda, bootstrapped and eventually landed Venture Capital funding after seeking investment from California and Boston for his microchip company. Justin Jensen, founder and CEO of Cinetics launched two successful Kickstarter campaigns to fund products for his company. And Matt Cohen, a […]
Calxeda raises $20 million of a $30 million offering
Calxeda, which makes energy-saving chips for servers that power data centers, has raised $20 million of a $30 million offering, according to a statement filed with the Securities and Exchange Commission. The Austin-based company, founded in 2008 as Smooth Stone, announced $48 million in funding in November of 2010. Calxeda’s funders include Advanced Technology Investment […]
ATI graduates 21 companies tonight
The Austin Technology Incubator, a non-profit organization affiliated with the IC2 Institute of the University of Texas, will host a graduation ceremony tonight for 21 of its member companies. The event also celebrates the 23 years ATI has helped incubate central Texas companies. Founded by Dr. George Kozmetsky and first directed by Laura Kilcrease, ATI […]
20 Silicon Hills Technology Startups to Watch in 2012
Calxeda’s chips save data centers energy and space
By SUSAN LAHEY Special contributor to Silicon Hills News As startup stories go, Calxeda’s is pretty dramatic: Mobile tech expert Barry Evans cooks up the idea of trading energy gobbling data server chips with small, efficient mobile phone chips that only need a tenth the power. They’re built to conserve energy when their hardware is […]
HP uses Calxeda’s technology to power its servers
Calxeda introduced its high-performance low power semiconductors Tuesday to power Hewlett Packard’s servers. The Austin-based start-up held an event in Palo Alto to introduce its new products along with its partner HP. But in its hometown, employees, customers, analysts and others gathered to watch a live stream broadcast of the event and to celebrate. They […]