By AMD
Santa Clara, US · Founded 2023 · Delaware corporation · 14 employees on LinkedIn · 2 known investors
MEXT builds software that uses AI below the application layer to make high-capacity system flash storage appear to the operating system as DRAM-speed memory, expanding usable memory capacity by 2-4X. The technology is aimed at addressing DRAM supply constraints for data centers and AI workloads. The company was acquired by AMD.
Founders & leadership
By AMD was founded in 2023 by Gary Smerdon.
Board
CR
Christopher RustBoard director
CR
CHRISTOPHER RUSTBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$10.6M disclosed across 2 rounds · 2024–2025
▶$2.4MraisedOct 2025 · 6 investors · Other TechnologyRule 506(b)
▶$2.4MraisedOct 2025 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Michael BermanExecutive Officer
- Gary SmerdonExecutive Officer, Director, Promoter
- Christopher RustDirector
- Offering amount
- $4M
- Amount sold
- $2.4M
- First sale
- Oct 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$8.2MraisedMay 2024 · 15 investors · Other TechnologyRule 506(b)
▶$8.2MraisedMay 2024 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- GARY SMERDONExecutive Officer, Director
- CHRISTOPHER RUSTDirector
- Offering amount
- $8.2M
- Amount sold
- $8.2M
- First sale
- May 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
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Marketsandmarkets3 shared keywordsMarketsandMarkets is a market research and growth consulting firm that helps B2B enterprises identify and monetize business opportunities tied to emerging technologies. It offers growth advisory programs and knowledge services including sector research, data analytics, and competitive intelligence, and operates an AI-enabled market intelligence platform.
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Frequently asked questions
- What does By AMD do?
- MEXT builds software that uses AI below the application layer to make high-capacity system flash storage appear to the operating system as DRAM-speed memory, expanding usable memory capacity by 2-4X. The technology is aimed at addressing DRAM supply constraints for data centers and AI workloads. The company was acquired by AMD.
- Who founded By AMD?
- By AMD was founded by Gary Smerdon in 2023.
- Who are By AMD's investors?
- By AMD's investors include Page One Ventures, Raptor Group.
- How much funding has By AMD raised?
- By AMD has disclosed $10.6M raised across 2 rounds.
- Where is By AMD headquartered?
- By AMD is headquartered in Santa Clara, US.

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