South Korea's MangoBoost expects 10 billion won in revenue this year from complete server rack system sales

en.Wedoany.com Reported - AI Data Center data processing unit (DPU) startup MangoBoost is expanding from chip sales to complete server rack systems. The company's South Korea CEO Kim Jang-woo said on June 19 that full-scale commercialization will begin this year, with rack-level business revenue expected to reach 10 billion won, and revenue could increase tenfold next year.

MangoBoost's DPU chip can offload network and data movement tasks from the central processing unit (CPU), accelerating inter-server communication and allowing the CPU to focus on computing workloads. Kim said tasks that previously required adding more servers can now be handled by the DPU. The company decided to offer complete server and rack solutions after discovering that many customers lacked the ability to design optimized server infrastructure.

MangoBoost's core technologies include the DPU chip and an AI inference software platform called LLM Boost. The company's newly launched GPU server Alphonso and storage server Kesar integrate these technologies and use AMD CPUs and GPUs. Kim believes that apart from Nvidia, MangoBoost is the only company capable of offering a unified product from chip to software. The company is undergoing a new funding round, with industry sources estimating the amount at around 150 billion won. Kim declined to disclose specifics but said the final amount may exceed market expectations. MangoBoost has raised a cumulative 80 billion to 90 billion won to date.

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