Jisto, a novel enterprise solution for maximizing computer resource utilization, closed $2.45 million in seed financing led by Boston-based .406 Ventures. Jisto debuted its Elastic Workload Manager at Container World 16 in Santa Clara, CA.
Jisto was founded in 2013 by Aleksandr (Sasha) Biberman, a 2010 Marconi Society Young Scholar, and Andrey Turovsky. Headquartered in Boston, MA, Jisto is a MassChallenge 2014 Silver winner and an Edison Awards 2016 Finalist in the “Smart Grids and Servers” category. The Edison Awards recognize the most innovative new products, services and business leaders in the world, while strengthening the human drive for innovation, creativity and ingenuity.
Most servers, whether physical, virtual or cloud-based, are only 20 percent utilized, leaving a huge amount of stranded capacity in data centers. The Jisto Elastic Workload Manager uniquely monitors the resources being used by all applications in real-time and deploys additional workloads into the idle capacity whenever possible. By grabbing and yielding resources in real-time, Elastic Workload Manager mitigates resource contention and allocates resources to higher-priority applications to support peak loads.
Jisto allows additional applications, such as simulation, forecasting, genomic sequencing and other high-performance computing applications, to gain access to the stranded resources within existing computing infrastructure, with no additional hardware purchases. With Jisto, utilization rates can be raised by a factor of two-to-three or more without impacting performance of applications, operating systems or existing servers.