Google buys Peakstream, to boost computing power
Peakstream, a Redwood City, Calif. company that sells software for building applications on multiple-processor chips, has been acquired by Google.
The amount was undisclosed. Peakstream had raised $23 million from Foundation Capital, Kleiner Perkins Caufield & Byers and Sequoia Capital over the past two years, the latest round coming nine months ago (see our coverage).
The news was first covered by The Register.
Peakstream’s software seeks to improve the performance of applications running on multi-core chips.
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Peakstream gets $17M more from Foundation, Sequoia, Kleiner
PeakStream Inc., a Redwood City, Calif.-based provider of software application platforms to the high-performance computing market, has raised $17 million in Series B funding, according to PE Week Wire. Foundation Capital led the deal, and was joined by return backers Sequoia Capital and Kleiner Perkins Caufield & Byers.