MangoBoost

Bellevue, United States Founded: 2022 • Age: 4 yrs
AI-based DPUs are developed for data center workload acceleration.

About MangoBoost

MangoBoost is a company based in Bellevue (United States) founded in 2022 by Eriko Nurvitadhi.. MangoBoost has raised $65.53 million across 2 funding rounds from investors including DSC Investment, KB Investment and IM Capital. MangoBoost offers products and services including Mango LLMBoost™, Mango GPUBoost™, Mango StorageBoost™ - NTI, Mango StorageBoost™ - NTT, and Mango NetworkBoost™ - TCP. MangoBoost operates in a competitive market with competitors including Blaize, Fungible, Pensando Systems, NeuroBlade and Speedata, among others.

  • Headquarter Bellevue, United States
  • Founders Eriko Nurvitadhi
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mangoboost, Inc
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Semiconductors, Electronics & Hardware
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $65.53 M (USD)

    in 2 rounds

  • Latest Funding Round
    $55 M (USD), Series A

    Oct 24, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of MangoBoost

MangoBoost offers a comprehensive portfolio of products and services, including Mango LLMBoost™, Mango GPUBoost™, Mango StorageBoost™ - NTI, Mango StorageBoost™ - NTT, and Mango NetworkBoost™ - TCP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Full-stack server for AI inference performance and flexibility.

Enhances AI/ML servers with RDMA for faster workloads.

Improves IOPS and lowers latency for storage systems.

Enables high-speed NVMe storage access for datacenters.

Offloads TCP/IP tasks to free CPU cycles in networks.

Funding Insights of MangoBoost

MangoBoost has successfully raised a total of $65.53M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $55 million completed in October 2023. 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $55.0M
  • First Round

    (22 May 2022)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series A - MangoBoost Valuation IMM Investment , Shinhan Venture Investment
May, 2022 Amount Seed - MangoBoost Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MangoBoost

MangoBoost has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include DSC Investment, KB Investment and IM Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth stage companies are targeted for private equity investments.
Founded Year Domain Location
Provider of a venture capital firm for various sectors
Founded Year Domain Location
Private equity & venture capital firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MangoBoost

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MangoBoost

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mangoboost Comparisons

Employees
+
Add Comparison
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Competitors of MangoBoost

MangoBoost 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 Blaize, Fungible, Pensando Systems, NeuroBlade and Speedata, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Edge AI infrastructure solutions are provided for diverse applications.
domain founded_year HQ Location
Full-stack infrastructure software for data centers is developed.
domain founded_year HQ Location
A software-defined edge services platform is provided for infrastructure transformation.
domain founded_year HQ Location
Big data analytics solutions are delivered via computational memory platforms.
domain founded_year HQ Location
Provider of a platform offering analytics processing solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mangoboost

Frequently Asked Questions about MangoBoost

When was MangoBoost founded?

MangoBoost was founded in 2022.

Where is MangoBoost located?

MangoBoost is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.

Who is the current CEO of MangoBoost?

Eriko Nurvitadhi is the current CEO of MangoBoost. They have also founded this company.

Is MangoBoost a funded company?

MangoBoost is a funded company, having raised a total of $65.53M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10.53M, raised on May 22, 2022.

What does MangoBoost do?

Founded in 2022 and based in Bellevue, United States, MangoBoost operates in the AI hardware sector. AI-based data processing units are developed to accelerate data center workloads. Hardware products are provided to optimize datacenter performance, enabling deployment and management of multiple large language models on single multi-GPU servers through automated resource allocation. Web-serving and streaming APIs are offered, along with inference engine and model deployment optimizations.

Who are the top competitors of MangoBoost?

MangoBoost's top competitors include Blaize, Fungible and Speedata.

What products or services does MangoBoost offer?

MangoBoost offers Mango LLMBoost™, Mango GPUBoost™, Mango StorageBoost™ - NTI, Mango StorageBoost™ - NTT, and Mango NetworkBoost™ - TCP.

Who are MangoBoost's investors?

MangoBoost has 10 investors. Key investors include DSC Investment, KB Investment, IM Capital, IMM Korea, and Shinhan Venture Investment.

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