CIMware Secures $2.3M In Transition VC-Led Round

With $2.3 million in funding, CIMware plans to launch a memory-centric switch to address power and performance limits in data centre infrastructure.

Bengaluru-based data centre infrastructure start-up CIMware has raised $2.3 million in its first institutional funding round, led by climate-focused investor Transition VC.

This funding will be used to develop a networking smart switch, expand the company’s software engineering team, and cover day-to-day operational expenses, according to founder and Chief Executive Rajiv Ganth.

Founded in 2022, CIMware is developing a scalable infrastructure switch that integrates computing, storage, and networking at the rack level. This product is aimed at data centres serving cloud services, video streaming platforms, social media networks, and enterprise IT systems.

According to Ganth, the switch employs a memory-centric interconnect approach that, if proven effective, could enhance data centre processing capacity and efficiency by four to eight times. “We are essentially connecting all server CPUs through memory, which is the fundamental element of any computing system,” he added.

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The company expects to roll out the first version of the product within the next nine months. Initially, CIMware plans to produce between 80 and 100 units, with the possibility of scaling up to thousands depending on market demand.

At the same time, the company is developing infrastructure across compute and storage layers, aiming to reduce deployment time and improve system integration.

This technical roadmap is intended to support broader commercial ambitions, which include direct sales in India and the United States.

Besides that, CIMware is in the process of onboarding channel partners and distributors in the US and Europe. It plans to commence sales operations in the UK, Japan, and South Korea within the next six months, with a particular focus on AI-focused data centres, telecom infrastructure, and enterprise cloud systems.

Looking ahead, the company has projected revenue of $175 million by the 2026–27 financial year.

However, this figure has not been independently verified and will depend on actual market adoption and product performance following commercial deployment.

Explaining the rationale behind the investment, Shoeb Ali, co-founder and managing partner at Transition VC, noted the increasing resource constraints faced by data centres globally. 

He added that as AI and high-volume data processing increase, many data centres are encountering limitations in power availability and physical space, revealing the constraints of legacy systems.

Despite adopting a different infrastructure approach, CIMware’s technology has yet to undergo commercial validation to confirm its capabilities.

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kanishka kumari
kanishka kumari
Kanishka Kumari is a journalist at EFY. She writes about the electronics business with an interest in emerging technologies and industrial growth models.

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