Feeds

VCs pump $23m into RLX

Blades made

  • alert
  • submit to reddit

Intelligent flash storage arrays

RLX Technologies, the Texan maker of ultra-high density blade servers, has secured $23m in new capital.

This is apparently the biggest VC investment in a computer hardware firm in 2003. Which shows either how little VCs think of computer hardware firms, or how much they think of RLX. Or both.

All of RLX's existing 'major' VCs have coughed up in this, the third round of financing. Investors have now pumped $100m to the two year-old firm.

The press release is here

Right now, RLX is the technology leader in blade servers, producing thinner blades - in both Intel and Transmeta flavours - which draw less power than its rivals. The company also makes big claims for its systems management software. Cooling and system management issues means that squeezing hundreds of blades into a rack is not yet the province of the commodity-shifters such as Dell.

Which is nice, as the blade servers do not yet command commodity sales volumes. The analyst firms are bullish on the future of blade server sales, but surely at some point, the server giants, IBM, HP and Sun, will be picking up the lion's share of this market. They have the distribution welly, customer base, and financial clout. Somewhere around this time, but preferably before, RLX will be an attractive takeover target. ®

Related story

Crusoe blade strikes 1Ghz, fries Banias?

Choosing a cloud hosting partner with confidence

More from The Register

next story
'Kim Kardashian snaps naked selfies with a BLACKBERRY'. *Twitterati gasps*
More alleged private, nude celeb pics appear online
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.