PMSI provides CDD in support of Maven VCT’s investment in supercomputing technology specialist ebb3
Maven has invested in ebb3, an innovative technology business operating in the niche supercomputing market which has developed a high performance 3D virtualisation software solution for graphics-intensive applications.
ebb3’s technology is able to drive heavyweight applications for the likes of computer assisted design (CAD) or computer generated imagery (CGI), delivering 3D graphics to 4K displays without compromising on performance, and negating the need for powerful workstations. Its cloud-based platform allows engineers or designers working on graphically intensive workloads to collaborate remotely across any device.
The demand for real-time virtualised software, which avoids significant expenditure on hardware, is forecast to grow by 25% per annum. Exponential data growth, and an increase in remote working will continue to drive strong demand for 3D graphical applications to be delivered virtually. The technology is being increasingly adopted across a range of industries including energy services, Formula 1, and the construction sector.
The funding from the Maven VCTs will enable ebb3 to significantly scale its skilled workforce of solutions architects and implementation technicians, as well as converting the current pipeline of opportunities.
Andrew Ferguson, Partner at Maven, said: “We very much appreciated PMSI’s pragmatic, collaborative approach to the work. They combined an in-depth client & partner interview programme with a broad analysis of the market and competitor environment to generate a robust view of the potential of the business. The work also proved insightful and useful to the management team in developing the plans for the business.”