Yusur Technology, a Beijing-based startup that develops data processing units (DPUs), has raised an undisclosed amount of money in a series A funding round led by Huatai Innovation Investments.
Proceeds from the round, which was also joined by investors including Lingjun Investment and Guoxin Creative Fund, will be used to fund R&D of its second-generation K2 DPU processor, Yusur said in a statement on Tuesday.
DPUs are a new type of processor combined with network interface that are optimized to perform and accelerate network and storage functions carried out by data center servers.
With growing demand for cloud services resulting in the construction of more data centers, Yusur CEO Yan Guihai predicted that more than 200 million DPUs will be needed in the next five years.
Since its inception in 2018, Yusur has been developing DPUs based on its self-developed Kernel Processing Unit architecture, applying them in fields such as financial risk control and fast financial transactions.
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Contact reporter Ding Yi (yiding@caixin.com) and editor Heather Mowbray (heathermowbray@caixin.com)
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