UXPin’s secures 5 mln round A led by True Ventures

UXPin’s secures 5 mln round A led by True Ventures

Gdańsk and Mountain View based experts in online prototyping and wireframing will use the funding to grow the team. Currently the company employs 40 people across its Polish and US offices. The company was founded in 2010 when the team of former employees of Polish ecommerce service Nokaut decided to focus on developing collaborative online and mobile design tools.

Their first investor was Kraków based Innovation Nest who concentrate on scaling Polish startups through the US market and Silicon Valley in particular. Piotr Wilam, one of the founders of Innovation Nest, sits on UXPin’s board of directors.

True Ventures invests in early stage startups and has three funds with approximately $600 million in capital under management. “I’ve known the Founder and CEO, Marcin Treder, for a while now, and have watched as he built his team across two continents and 12 time zones using the very platform they were developing. UXPin has excellent tools for developing early mockups using the included extensive UI libraries, along with animation tools to help visualize interaction on desktop and mobile designs. Commenting and collaborating are intuitive, letting everyone on your team contribute—and there’s much more in the works.” – commented on True Ventures -led round A investment Jeff Veen, Design Partner in the fund.

 

Photo: UXPin

Bringing the fire of data to human race

Bringing the fire of data to human race

Prometheus – the new supercomputer to be installed by HP in Kraków AGH University of Science and Technology will be one of the thirty fastest supercomputers in the world and the twelfth in Europe. Consisting of 1 700 servers of the HP Apollo 8000 platform, linked by superfast  Infiniband  network with a bandwidth of 56 Gbit/s the computer will will boast just under 1.7 Pflops (Petaflops). The 10 mln EUR project announced in October last year is going forward and the latest news from AGH is that the machine will start working in April this year.

Before it starts Prometheus will need some water as it uses direct liquid cooling technology. The liquid-cooled design will enable achieving extremely high computing density, due to which the computing part weighing in excess of 30 tonnes will fit into fifteen rack cabinets, whereas in the case of traditional air cooling there would be at least twice as many.

The most powerful Polish supercomputer, just like Zeus, will support  scientists from different fields, i.e. chemistry, physics, astrophysics, biology, energetics or nanotechnology, in performing their  computations. It will also execute tasks for the purposes of large scale research projects with the participation of Cyfronet AGH, inter alia PLGrid (where Cyfronet is the project leader), CTA (astrophysics), LHC (high energy physics) and EPOS (geophysics). As
with Zeus, the computer resources of Prometheus will be at the scientists’ disposal free of charge. In 2013, 2500 registered users of Zeus carried out nearly eight million computing tasks thanks to it. With “conventional” computers these computations would take 11,000 years. Prometheus will contribute to increasing the computing potential with regard to both the number of performed tasks and their complexity by more than four times.