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IT, VC, Storage

GreenBytes Closes Round, Rolls Out Storage Appliance

Wade Roush 9/14/09

Battery Ventures of Waltham, MA, said today that it has completed an $8 million Series A funding round for GreenBytes, an Ashaway, RI, startup specializing in energy-efficient storage devices that reduce storage requirements through data deduplication. Xconomy reported the funding in May, based on a regulatory filing. In a second announcement today, GreenBytes unveiled a new line of storage devices, the “GB-X” series, that the company says is designed to make data deduplication technology more affordable.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


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