SAN JOSE, Calif., March 6, 2018 /PRNewswire/ -- Silicon Valley startup Tachyum Inc. announced today the opening of its new, larger corporate headquarters in San Jose, Calif. to better accommodate customers, vendors and its growing personnel ranks. The company was previously located in Campbell, Calif.
Tachyum's new facilities will better enable the company to develop, market and sell its disruptive products that tackle the most pressing global issues in data centers today. Tachyum's Cloud Chip, is expected to reduce server hardware capital expenditure by 3x, server power consumption by 10x, and reduce server rack space by more than 90 percent. Total annual cost of ownership for data centers using Tachyum Cloud Chips is expected to be 4x lower. To facilitate the move, Tachyum received funding from IPM Growth, the venture capital division of InfraPartners Management LLP ("IPM LLP"), a global multi-asset class fund management and advisory firm.
"As we rapidly progress in the development of our Cloud Chip product, it was imperative that we secure a larger, more conveniently located headquarters to handle our 2018 staffing plans," said Tachyum CEO Dr. Radoslav "Rado" Danilak. "We expect rapid company growth after unlocking the unprecedented performance, power efficiency and cost advantages with our Cloud Chip, to solve the world's most complex problems in data centers. Having a new headquarters will make it easier to serve our customer base."
Tachyum's new global headquarters are located less than 7.5 miles from Norman Y. Mineta San Jose International Airport at 4000 Moorpark Ave., Suite 105, San Jose, Calif. 95117. The company continues to seek high-talent contributors to join the Tachyum team. Interested engineers and system architects can get more information about openings at http://tachyum.com/jobs.shtml
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About Tachyum
Named for the Greek "tachy," meaning speed, combined with "-um," indicating an element, Tachyum emerged from stealth mode in 2017 to engineer disruptive intelligent information processing products. Tachyum's founders have a track record of solving problems caused by device physics to deliver transformational products to market. For more information visit: http://tachyum.com.
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SOURCE Tachyum
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