Infineta Systems Garners $15,000,000 Series A Financing

  • Feed Type
  • Date
    5/8/2010
  • Company Name
    Infineta Systems
  • Mailing Address
    2870 Zanker Road San Mateo, CA 95134
  • Company Description
    Storage replication, data backup/archiving, distributed computing, virtualization, cloud computing and storage __ these are some of the unstoppable forces that are reshaping the enterprise data center. Against this backdrop, Infineta is pioneering a new class of network infrastructure __ Cloud Fabric OptimizationTM __ that will address the acute, emerging challenges of the modern data center.
  • Website
    http://www.infineta.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Infineta plans to test the product with a few customers over the summer before making it generally available in the fourth quarter of this year.
  • M&A Terms
  • Venture Investor
    Alloy Ventures
  • Venture Investor
    North Bridge Venture Partners

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