Liqid Raises $100 Million to Drive Agile, Scalable, Sustainable Software-Defined Data Centers

Series C funding co-led by Lightrock and affiliates of DH Capital

Funding will be used to drive expansion and meet growing global  demand for LiqidÎs software-defined, composable infrastructure platform

LiqidÎs software platform unlocks greater speed, ¨exibility, and  data center efficiency, while significantly reducing overall energy  consumption

Liqid, the world's leading software company delivering data center  composability, today announced $100 million in Series C funding. The  funding was co-led by Lightrock and affiliates of DH Capital, with  participation from current investors Panorama Point Partners and Iron  Gate Capital. Liqid will use the funding to scale and meet fast-growing global demand for its Liqid Matrix™ composable software and solutions.  In 2021, the company more than doubled its workforce, surpassed the  milestone of 100 customers, and executed 1034% revenue growth from 2017  to 20201. Liqid's customers and partners include the US  Department of Defense, Dell Technologies, NVIDIA, Broadcom, and Intel  Corporation.

The number of global data centers has increased from 500,000 in 2012 to more than 8 million in 20212. Current growth trajectories suggest that data centers will consume as much as 20% of global energy by 2025,  with the typical data center using about 3-5 million gallons of water  per day - the same amount as a city of 30,000-50,000 people. Liqid solutions provide 2-3x improvements in data center utilization rates compared to traditional static architectures5, significantly reducing energy consumption and saving millions of gallons of water and tons of global CO2 emissions per year.