Infinio Obtains $10,000,000 Series A Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e961814-4bba-4b14-98a3-c47c7538823b&Preview=1 -
Date
2/14/2013 -
Company Name
Infinio -
Mailing Address
222 Third Street Cambridge, MA 02142 -
Company Description
Infinio Systems, Inc. is building solutions that improve the data storage performance of virtualized environments. -
Website
http://www.infinio.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series A -
Proceeds Purposes
The new funding will support additional hiring, product development, and marketing groundwork in preparation for a product launch later this year. -
M&A Terms
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Venture Investor
Highland Capital Partners -
Venture Investor
Bessemer Venture Partners
