Clockwork.io Raises $31 Million for GPU Resilience Software
Technology firm Clockwork.io has secured $31 million in funding for its GPU resilience software. New clients, including LinkedIn and Together AI, are adopting the software to reduce GPU downtime.
Technology company Clockwork.io has successfully raised $31 million in a funding round focused on its GPU resilience software. The company's technology aims to minimize idle graphics processing unit (GPU) time within cloud computing environments.
Notable new clients include LinkedIn and Together AI, both of which have begun utilizing Clockwork.io's software. LinkedIn has reported avoiding tens of thousands of hours of GPU downtime monthly through the software's implementation, significantly cutting computational costs and improving resource utilization.
The latest innovation within Clockwork.io's software suite, TorchPass, is designed to preserve computational workloads and prevent unnecessary interruptions. This capability is particularly crucial for artificial intelligence and machine learning applications that demand consistent and efficient GPU capacity.
The company stated that the newly acquired funds will be allocated towards further software development, team expansion, and supporting international growth initiatives. The objective is to solidify its market position in GPU resilience solutions.