Crosslink Capital, Inc. (“Crosslink”) was recently informed that someone or an organization has been impersonating it and one or more of its employees on the mobile application WhatsApp.
Crosslink does not market its services and Crosslink and its employees do not provide investment advice through WhatsApp or any similar social media messaging application, and anyone who does so purporting to act in Crosslink’s name or the name of any of its employees is not in any way connected to Crosslink or Crosslink Capital Management, LLC. Crosslink employees provide investment advice only through Crosslink. Crosslink provides investment advice only to investment funds or clients, in each case, with whom it has entered into a written contract. Crosslink does not provide investment or other advice to non-clients.
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December 04, 2024
Hardware-Anchored Security for Accelerated Computing in the New Era of AI Data Centers
SAN JOSE, Calif. – December 4, 2024 – Axiado Corporation, a pioneer in hardware anchored platform security today announced it successfully raised $60 million in an oversubscribed Series C funding round, led by Maverick Silicon with participation from Samsung Catalyst Fund, Atreides Management, and Crosslink Capital. This investment will fuel the company’s rapid growth and continued innovation in AI-driven cybersecurity technologies that are redefining platform security and energy efficiency for accelerated computing in AI data centers.
Axiado’s Trusted Control/Compute Unit (TCU) addresses some of the most pressing challenges in platform security for accelerated computing and AI data center power efficiency. According to the FBI’s Internet Crime Complaint Center (IC3) 2023 annual report the cost of reported cybercrime in the U.S. jumped 22% last year to more than $12.5 billion. Forrester’s recently published 2025 Predictions report for Cybersecurity, Risk, and Privacy projects cybercrime costs to reach multiple trillions globally by 2025. With the escalating frequency of ransomware attacks – more than 2,500 incidents were reported in the first half of 2024 alone, averaging more than 14 publicly claimed attacks daily. The need for robust platform cybersecurity has never been more critical.
Axiado’s AI-driven, hardware-anchored TCU solution provides pre-emptive threat detection and real-time mitigation to combat these escalating digital threats. Additionally, AMD projects the AI data center accelerator market to grow more than 60% annually, reaching $500 billion by 2028. Axiado’s approach to platform security is essential for safeguarding the expanding data center infrastructure as AI technologies permeate cloud computing, data centers, networking, and storage. Read rest here.