Virident Systems Garners $21,000,000 Series C Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f886fee6-0558-4b0c-8a5f-ae2d84eb1ec9&Preview=1 -
Date
11/10/2011 -
Company Name
Virident Systems -
Mailing Address
500 Yosemite Drive Milpitas, CA 95035 -
Company Description
Virident Systems enterprise-class Storage Class Memory (SCM) solutions deliver unconditional, consistent performance that supports the most data intensive content and applications. The inherent advantage associated with this disruptive technology revolutionizes computing by speeding application response time and optimizing datacenter efficiency for new levels of ROI. -
Website
http://www.virident.com -
Transaction Type
Venture Equity -
Transaction Amount
$21,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The additional funds will be utilized for market expansion and product innovation as Virident continues to set new standards for sustained, predictable high performance across a wide range of workloads and maximum storage capacity utilization over years of use. -
M&A Terms
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Venture Investor
Globespan Capital Partners -
Venture Investor
Intel Capital -
Venture Investor
Cisco Systems -
Venture Investor
Sequoia Capital -
Venture Investor
Artiman Ventures
