SAN JOSE — Silicon Valley startup Tachyum Inc. announced the opening of its new, larger corporate headquarters in San Jose, Calif. to better accommodate customers, vendors and its growing number of employees. The company was previously located in Campbell, CA.
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, CA 95117.
Tachyum’s new facilities will better enable the company to develop, market and sell its 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.”