/Companies

MEXT

Santa Clara, US · Founded 2023 · Delaware corporation · 14 employees on LinkedIn · 3 known investors

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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

MEXT was founded in 2023 by Gary Smerdon.

GSGary Smerdon
Gary SmerdonCEO & Founder2023–2026Gary Smerdon held executive roles including CEO, Chief Strategy Officer, and VP positions in storage, networking, and semiconductor companies. He founded a business unit at LSI that grew to $100M in revenue, and led the acquisition of SandForce by LSI; he also served as a board member at several technology startups.
MBMichael Berman
Michael BermanChief Engineer2025–2026Michael Berman held roles including Distinguished Technologist at HPE, Chief Engineer at TidalScale leading the HyperKernel team, and CTO at Catbird Networks where he worked on virtualization and security products. He has expertise in cybersecurity, network security, and virtualization, holds security certifications, and co-invented patents.

Board

CR
Christopher RustBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$10.6M disclosed across 2 rounds · 2024–2025

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does MEXT 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 MEXT?
MEXT was founded by Gary Smerdon in 2023.
Who are MEXT's investors?
MEXT's investors include FJ Labs, Page One Ventures, Raptor Group.
How much funding has MEXT raised?
MEXT has disclosed $10.6M raised across 2 rounds.
Where is MEXT headquartered?
MEXT is headquartered in Santa Clara, US.