Speedstone - About the company
Speedstone is a series B company based in Yangpu (China), founded in 2017 by Chen Xi. It operates as a Provider of high-performance computing solution. Speedstone has raised an undisclosed amount in funding from investors like Cathay Capital, GSR Ventures and Mirae Asset. The company has 184 active competitors, including 46 funded and 18 that have exited. Its top competitors include companies like Theta Token, Rescale and CoreWeave.
Company Details
Speedstone Information Technology provides high-performance computing solution. The company provides a platform for analysis and acceleration of industry applications. It is based on the software-defined computing solutions, local, public hybrid cloud environment in the form of SaaS platform. The solution offered by the company can be used in sectors such as manufacturing, life science, and finance.
- Website
- fastonetech.com
- Email ID
- *****@fastonetech.com, *****@fastonetech.com
- Phone Number
- +86 **********
Key Metrics
Founded Year
2017
Location
Yangpu, China
Stage
Series B
Latest Funding Round
Investors
Ranked
65th among 184 active competitors
Employee Count
21 as on Jul 01, 2024
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Speedstone's funding and investors
Speedstone has raised funding over 2 rounds. Its first funding round was on Jul 22, 2019. Its latest funding round was a Series B round on Jul 29, 2021 for $*****. 4 investors participated in its latest round. Speedstone has 6 institutional investors.
Here is the list of recent funding rounds of Speedstone:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 29, 2021 | 3569822 | Series B | 2782037 | 8350948 | 3460286 | 7227313 |
Jul 22, 2019 | 9733344 | Series A | 3146487 | 2358684 | 9086258 |
View details of Speedstone's funding rounds and investors
Speedstone's founders and board of directors
Founder? Claim ProfileHere are the details of Speedstone's key team members:
- Chen Xi: Founder & CEO of Speedstone. Contact Info: 1 email address
View details of Speedstone's Founder profiles and Board Members
Speedstone's employee count trend
Speedstone has 21 employees as of Jul 24. Here is Speedstone's employee count trend over the years:
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Speedstone's Competitors and alternates
Top competitors of Speedstone include Theta Token, Rescale and CoreWeave. Here is the list of Top 10 competitors of Speedstone, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 73/100 | |
2nd | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 71/100 | |
3rd | CoreWeave 2017, New York City (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 70/100 | |
4th | Provider of AI acceleration cloud system with infrastructure and services | $650M | 70/100 | ||
5th | FluidStack 2017, New York City (United States), Series B | Provider of high-performance computing infrastructure for artificial intelligence workloads | $653M | 69/100 | |
6th | exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 68/100 | |
7th | Crusoe 2018, Denver (United States), Series E | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $2.77B | 67/100 | |
8th | E2E Networks 2009, Delhi (India), Public | Provider of cloud infrastructure for artificial intelligence and machine learning | $487K | 64/100 | |
9th | JuliaHub 2015, Cambridge (United States), Series C | Platform offering HPC solutions | $61.6M | 63/100 | |
10th | Nscale 2023, London (United Kingdom), Series C | GPU infrastructure and services for artificial intelligence | $3.28B | 62/100 | |
65th | Speedstone 2017, Yangpu (China), Series B | Provider of high-performance computing solution | - | 33/100 |
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Speedstone's Investments and acquisitions
Speedstone has made no investments or acquisitions yet.
Reports related to Speedstone
Here is the latest report on Speedstone's sector:
News related to Speedstone
•
Speedstone Technology completes tens of millions of US dollars in Series BPEdaily•Jul 29, 2021•Speedstone, Mirae Asset Global Investments, Cathay Capital, GSR Capital and 1 other
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