About exaBITS
exaBITS is a company based in San Mateo (United States) founded in 2021 by Hoansoo Lee and Zachary Bright. exaBITS has raised $15 million across 2 funding rounds from investors including Planet, IoTeX and Protocol Labs. exaBITS operates in a competitive market with competitors including Hewlett Packard Enterprise, Rescale, Theta Token, Northern Data and Cornami, among others.
- Headquarter San Mateo, United States
- Founders Hoansoo Lee, Zachary Bright
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Seed
Dec 10, 2024
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Investors
Planet
& 15 more
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Employee Count
Not available
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Funding Insights of exaBITS
exaBITS has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $15 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in exaBITS
exaBITS has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Planet, IoTeX and Protocol Labs.
| Investor | Description | Founded Year | Domain | Location |
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Web3 venture capital firm partnering on blockchain projects.
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Web3 startups are accelerated and supported by Outlier Ventures.
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Investment support is offered to startups and growing businesses.
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Investor details for exaBITS
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Investments & Acquisitions by exaBITS
Investment portfolio details for exaBITS
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Financial Statements - exaBITS
Detailed financials for exaBITS
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Exabits Comparisons
Peer comparison for exaBITS
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Competitors of exaBITS
exaBITS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hewlett Packard Enterprise, Rescale, Theta Token, Northern Data and Cornami, among others.
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HPC solutions are delivered via supercomputers and storage systems.
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Provider of cloud based HPC services
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Decentralized peer-to-peer video delivery is enabled through token rewards.
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Platform offering hpc based cloud computing solutions
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AI-powered microprocessors are supplied for parallel computing tasks.
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AI-based supercomputers are built via a specialized platform.
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Detailed competitors of exaBITS
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Latest news on Exabits
Complete news archive for exaBITS
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Frequently Asked Questions about exaBITS
exaBITS was founded in 2021 and raised its 1st funding round 3 years after it was founded.
exaBITS is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
exaBITS is a funded company, having raised a total of $15M across 2 funding rounds to date.
exaBITS was founded in 2021 in San Mateo, United States, focusing on the AI and high-performance computing sector. A decentralized infrastructure is operated for AI and computationally intensive applications. Processing speeds and data quantum are managed in real time through the platform. Users are enabled to participate in the AI compute process, earning rewards and revenue as a result.
exaBITS's top competitors include Rescale, Hewlett Packard Enterprise and Theta Token.
exaBITS has 16 investors. Key investors include Planet, IoTeX, Protocol Labs, Hack VC, and Outlier Ventures.