Liqid, a leading software company delivering data center composability, has raised $100 million in Series C funding.
The funding was co-led by Lightrock and affiliates of DH Capital, with participation from current investors Panorama Point Partners and Iron Gate Capital.
Liqid will use the funding to meet global demand for its Liqid Matrix composable software and solutions.
In 2021, the company more than doubled its workforce, surpassed the milestone of 100 customers, and executed 1034 percent revenue growth from 2017 to 20201.
Liqid’s customers and partners include the US Department of Defense, Dell Technologies, NVIDIA, Broadcom, and Intel Corporation.
Liqid solutions provide 2-3x improvements in data center utilization rates compared to traditional static architectures, significantly reducing energy consumption and saving millions of gallons of water and tons of global CO2 emissions per year.
