Virident Systems Garners $21,000,000 Series C Round

  • Feed Type
  • 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
  • Venture Investor
    Globespan Capital Partners
  • Venture Investor
    Intel Capital
  • Venture Investor
    Cisco Systems
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Artiman Ventures

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