Samplify Systems, a Menlo Park, Ca. company that provides compression technology that helps makes the transfer of large files such as medical imaging faster and more efficient, has raised $6.5 in a first round of funding.
Investors included Charles River Ventures and Formative Ventures.
From the company’s statement:
Samplify recently launched its high-speed, FPGA-based sampled-data compression technology. Samplify’s technology can compress real-time signals up to 40 Giga samples per second, solving the storage and bandwidth bottlenecks typically found in medical imaging, wireless infrastructure, automated test, military, and instrumentation systems.
“The support of two top-tier venture capital firms, Charles River Ventures and Formative Ventures, is a strong endorsement of Samplify’s technology and strategy,” said AlWegener, Samplify founder and CTO. “Samplify’s patented algorithms are designed to
address the significant limitations in high-performance data acquisition, transfer, and storage.”
Bruce Sachs of Charles River Ventures and Brian Connors of Formative Ventures will both be joining Samplify’s Board.