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New round of funding to improve HPC software

Interactive Supercomputing has received $11m of new funding from current and new venture capital investors. The new round of investment more than doubles its existing funding, bringing it to a new total of $18m.

ISC’s flagship product, Star-P, allows scientists to run programs across multiple processors using familiar mathematical tools such as Matlab, Python and R, without having to learn difficult parallel programming. The new financing will be used to extend the software to support new computing languages and libraries.

‘This new funding will infuse our engineering efforts to make Star-P more feature rich, higher performing and easier to use for a wide base of customers,’ said Bill Blake, ISC’s CEO.

Ascent Venture Partners, a new ISC investor, led the round of funding, joined by Fletcher Spaght Ventures and current ISC investors Flagship Ventures, Rock Maple Ventures and CommonAngels.


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