Data center hardware startup Auradine Inc. has raised $153 million in a funding round led by StepStone Group with participation from Samsung Catalyst Fund and Qualcomm Ventures.
Auradine's hardware is used in the data centers of over 40 bitcoin mining companies.
The company sells servers optimized for bitcoin mining, with custom processors specifically designed for hashing.
Auradine is also developing network hardware for AI clusters, aiming to provide better performance using open-source networking standards.